Archive for April, 2011

Three Tips to Raising Money

April 22, 2011 @ 4:33 pm posted by David Finkel (Taxloopholes.com Advisor)

Earlier today I was reflecting on two client conversations I had with clients who were in the process of raising money. I spent about 40 minutes on the phone with one of our clients who is raising $800,000 for a business start-up and I’ve traded several emails with another client who is raising $5 million  Continue

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Tips to Design and Execute on Your Business Exit Strategy

April 20, 2011 @ 1:44 pm posted by David Finkel (Taxloopholes.com Advisor)

Here are 4 specific suggestions to create and execute on your exit strategy for your business. Tip One: Clarify your exit UP FRONT so that you build your business with the end in mind. There are four main exit strategies for business owners:  sell… scale… own passively… or pass the business on to your heirs  Continue

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The Single Greatest Entrepreneurial Mistake

April 14, 2011 @ 1:38 pm posted by David Finkel (Taxloopholes.com Advisor)

Have you ever thought about the most expensive mistake that most business owners make? If you had to, what would you say that is? I was thinking about that very thing today and wanted to share my answer with you. I think the biggest mistake that most business owners make when they work to build  Continue

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Top 3 Reasons to Start Your Own Business in 2011

April 8, 2011 @ 4:36 pm posted by Amanda Han CPA (Taxloopholes.com Tax Strategist)

Did you know that more new small businesses have started in recent years as it had in the past 14 years? If you are someone who has been looking to start your own business to earn more money, achieve financial stability, and to control your own schedule, then you are in for a treat. As  Continue

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7 Tips on Forming Business Partnership (learned the hard way)

April 7, 2011 @ 4:28 pm posted by David Finkel (Taxloopholes.com Advisor)

Ever worked to put together a win-win business partnership or joint venture? I did a Q & A call with our consulting clients yesterday and this topic came up (in the context of a JV with various health clubs as a sales partner in a long term JV.) So today I wanted to share with  Continue

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7 More Tips on Building Wealth Independent of Your Business

April 4, 2011 @ 1:40 pm posted by David Finkel (Taxloopholes.com Advisor)

Thanks for all the positive feedback on the recent posts. I guess it really struck a nerve with a lot of you. I decided  to come back to that same topic and share 7 more  important tips on building wealth independent of your business: Risk comes from not knowing what you’re doing, so pay the  Continue

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