by davidauercpa | Dec 29, 2020 | Blog, Business Sucession, David Auer CPA, Retirement
Retirement savings are a big concern for most Americans. Most workers no longer anticipate seeing a pension in their golden years. Also, the deposit caps on accounts like IRAs and 401(k)s make it difficult to accumulate wealth. It’s difficult even to retire...
by davidauercpa | Jul 31, 2020 | Blog, Business Sucession, David Auer CPA
Planning for business succession is vital for the future of the business. The succession plan gives the owner a clear vision of the business objectives and how to achieve them. A business owner should be less subjective in succession planning, especially if it...
by davidauercpa | Jul 13, 2020 | Blog, Business Sucession, David Auer CPA
Across the globe, entrepreneurs of both large and small firms are always hesitant to undertake succession planning. The unwillingness to having a succession plan is reasonable, given the number of emotional decisions the owner has to make. Personal involvement and...
by davidauercpa | May 26, 2020 | Blog, Business Sucession, David Auer CPA
The Covid-19 pandemic created uncertainty for all business managers. These times are especially problematic for anyone wanting a significant change in their lives. It might seem impossible to follow a previous business succession plan amid such a discombobulating...
by davidauercpa | May 26, 2020 | Blog, Business Sucession, David Auer CPA
The COVID-19 pandemic has scared a lot of people into reality. With the thought of fragility in life, many people start thinking about the future of their jobs and financial savings. Many business owners have lost thousands of dollars in future profits and worry about...
by davidauercpa | May 26, 2020 | Blog, Business Sucession, David Auer CPA
Your most significant responsibility as a business owner is to plan for the future of your business. Unfortunately, most successors ruin good companies. The decision as to who succeeds can be its reason for success or failure. Sadly, most family-owned businesses...