Sam Brownell
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Strengthening your buy-sell agreement
There are a few items that play a critical role in a well-constructed buy-sell agreement that you should pay particular attention to in order to secure your business’s future.
Leadership
Five mistakes to avoid when succession planning
Learn what to do—and what not to do—to ensure a successful ownership transition for all stakeholders in a LBM company.
Commentary
What are my ownership transition options?
LBM dealers have a variety of options as they look toward transitioning their business.
Commentary
Understanding the three-year window for gifting
If you have not considered gifting, it is worth spending time talking to a knowledgeable advisor so you can protect your business and your net worth.
Commentary
The importance of understanding valuation
Your business is likely your most valuable asset. Knowing its value is imperative because it fuels important decisions like tax planning, how to fund your post ownership goals, and determining and negotiating a sale price.
Commentary
Ownership transfers for independent dealers: Estate and tax planning
The first step in your estate and tax planning considerations should be to invest in an independent, reliable, unbiased business valuation.
Commentary
Defining your post-ownership goals
Emotional discussions can be difficult, especially when they focus on our attachment to our business.
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