Introduction During the early part of 2009, the economy in the United States faced a dire situation.  The scenario unfolding was one of high unemployment, tight credit, low consumer spending, bankruptcies, foreclosures, and health insurance issues.  To work its way…

This is the first in a series of articles outlining the steps any business owner can take to maximize the value of his/her business when it comes time to sell it. Optimize Cash Flow It probably comes as no surprise…

Introduction The rule for large, publicly held companies is clear.  If you are going to list your stock on a stock exchange, your company must present financial statements that are created in compliance with Generally Accepted Accounting Principles (GAAP). These…

I am indebted to Michael Dreyer, Financial Representative with Northwestern Mutual for contributing the following article on the advantages and benefits of annuities. Many business owners have had plans for years to sell their business and use the proceeds to…

Introduction There are four documents essential in creating a successful estate plan:  a Last Will and Testament, a Living Will, a Living Trust and a Power of Attorney.  Each one operates independently of the other, yet they are interrelated.  All…