The owner of a closely held business needs to clear two very high tax hurdles to reach the destination of a secure retirement. The first hurdle is federal income taxes. Any lifetime sale of business ...

Considering that the age of the typical financial adviser is between 52 and 60, it is safe to assume that a tidal wave of advisers will exit the business over the next 10 to 15 years. As a result, ...

Succession planning: Are you there yet? That point in time when, after nurturing your clients and your agency for years, you’re considering other options? Possibly retirement? Relocation? Or a new ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. There are many reasons people start businesses: a good idea, a bad day at work, redundancy ...

It often seems counter-intuitive for most young people. However, understanding and preparing for long-term goals like retirement—including the future lifestyle you desire and how you will pay for ...

In his book “The 7 Habits of Highly Effective People,” Stephen R. Covey discusses the principle of “begin with the end in mind” — or, in other words, know where you want to end up before you begin. In ...

The most successful businesses don’t just react to customer needs—they anticipate them. This approach requires looking beyond typical journey maps and thinking strategically about desired outcomes ...

When taking on a new leadership role, it’s natural to focus on the immediate challenges of making a successful transition, including accelerating your learning, building relationship with stakeholders ...

While initially coined in 1989 as one of the seven habits of highly effective people, “begin with the end in mind,” is a reminder that in the age of AI, it’s smart for business leaders to start by ...

Brad Cummings, Senior Vice President of Procurement and Contract Management at Austin Transit Partnership (ATP), has joined the agenda at Next-Gen Rail Systems, the communications, signaling and ...

Some years ago, during a presentation by the late Steven Covey, I heard this phrase for the first time: “Begin with the end in mind.” A similar sentiment (if slightly more direct) was offered by ...