By Alan Rhode
In a significant turn of events, the Federal Reserve recently cut interest rates by half a percentage point, marking the first reduction since 2020. This move, which sets the benchmark federal funds rate at a range between 4.75% and 5%, has sparked discussions about its implications for various sectors of the economy. From small businesses … Continued
By Alan Rhode
Learn the essential steps to retire as a small business owner and secure your financial future.
By Alan Rhode
Hello small business owners! Navigating the current economic landscape with rising interest rates can be a daunting task. But donāt worry; I’m here to help you understand what’s happening and what you can do to ensure your business not only survives but thrives. Let’s dive into practical strategies and tips to manage the challenges posed … Continued
By Alan Rhode
Investing in startups and small businesses has always been a risky endeavor. However, with the right strategies, it can also be immensely rewarding. One such strategy revolves around Qualified Small Business Stock (QSBS), a powerful tool offering substantial tax benefits to investors. As a prospective client of Modern Wealth, it’s crucial to grasp the essence … Continued
By Alan Rhode
Learn how business owners can take control of their financial future with strategic planning.
By Alan Rhode
In the current economic landscape, inflation is a hot topic, especially in the United States where the inflation rate has slightly decreased to 8.52% from 9.06% earlier this summer. Inflation refers to the rise in the prices of goods and services, leading to a decreased purchasing power of money. This rise affects not only daily … Continued
By Alan Rhode
For anyone familiar with the Value Acceleration Methodology, the term ‘Decide Gate’ will resonate deeply. Acting as the fulcrum of exit planning, this stage underscores the pivotal choices an entrepreneur must make concerning their business’s future. But once they arrive at this juncture, what’s next? What exit routes lie ahead? Let’s traverse through the Decide … Continued
By Alan Rhode
Exit planning is an intricate dance, and like all dances, it has its rhythm, flow, and stages. The Value Acceleration Methodology takes a business owner on a transformative journey through the Discover, Prepare, and Decide gates. While all these stages play their unique roles, the ‘Prepare Gate’ is arguably where the rubber meets the road. … Continued
By Alan Rhode
When considering the Value Acceleration Methodology, which is pivotal to strategic exit planning as a small business owner, the very foundation rests upon the Discover Gate. This initial phase is all about understanding the present state of your business, aligning with personal and financial goals, and charting a path forward. Let’s dive into the intricacies … Continued
By Alan Rhode
In today’s dynamic and fast-paced business landscape, the value of a company is no longer solely defined by its tangible assets like property, machinery, or inventory. As the evolution of the digital age and knowledge-based economies advances, a significant portion of a company’s worth lies in its Intangible Capitals. These capitals, which account for roughly … Continued