Introduction We are all aware of the situation in the Gulf of Mexico.  BP’s “Deepwater Horizon” oil rig exploded and sank in late April, leaving on open well behind that has been a big challenge for everybody to handle.  As…

The ability to access IRA or other retirement account assets to fund the acquisition of a business, whether it’s an on going business or a start-up, has been available since IRAs were created in 1974.  However, it has only been…

Introduction There were 66 million babies born between 1945 and 1964.  The era was known as the “Baby-Boom” and the “Boomers” are reaching retirement age.  In fact, the oldest are now turning sixty-six and the youngest are embarking on their…

In the real world of buying and selling businesses, some businesses have a very large component of goodwill, while others have little or none.  The concept of goodwill is confusing to most business owners, and many hold serious misconceptions about…

Introduction As of May 7, 2010, our nation’s unemployment rate remained at 9.9%.  Economists have predicted that it will remain high for months and possibly the next couple of years to come.  With 8.5 million jobs having been eliminated in…