Introduction Does your company have a policy handbook outlining the expectations of the company and employee conduct?  Whether your company is large or small, policy handbooks are a necessary instrument to your business.  Policy handbooks save management time in resolving…

In their book, The $10 Trillion Opportunity, Richard Jackim and Peter Christman note that: “…Within the next 20 years, more than 90 million people in the US and Canada will be retiring.  These are the “baby boomers,” the generation born…

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…