We started the 1st quarter of 2023 still worried about inflation and the Federal Reserve. By the end of it, investors were concerned about the health of the financial system. After all, higher interest rates lead…
Thought Leadership
As Maximus so notably proclaimed in the cult classic flick Gladiator, “Are you not entertained? Is this not why you are here?” Between old-fashioned bank runs and poor balance sheet management, bonds have certainly given us…
BANKS By the end of the quarter, investors were worrying about the health of the banking system. After all, higher interest rates mean lower bond prices, and banks own a lot of bonds BALANCE SHEETS There…
The first quarter of this year may not be best described as normalcy, but at least it seems to be trending in the right direction — inflation not running near double digits, bonds not performing miserably…
Are you thinking about assembling your business exit advisory team? If you are, you’re ahead of about 70% of all other business owners (see alarming stats below). You’ve definitely spent a significant amount of time, capital…
This week, the Environmental Protection Agency (EPA) announced new guidelines for tailpipe emissions. For all intents and purposes, the changes will effectively kill gas and diesel engines in the United States. Not surprisingly, this was the…
Business Exit Planning & The Wealth Gap 1. What’s Required to Find Your Wealth Gap 2. Why You Shouldn’t Include Your Business’ Value 3. Why a Business Valuation is Still Necessary 4. What to Consider in…
This past Tuesday, I made an early morning economic presentation to a group in Knoxville, Tennessee. I followed the mayor of Knoxville, Glenn Jacobs, who used to be the WWE professional wrestler Kane. Jacobs, a massive…
6 Steps Toward Successful Business Exit Planning: 1. Know Your Team 2. Value Your Business 3. Know Your Gaps 4. Build a Financial Plan 5. Create a Disciplined Risk Management Process 6. Know Your Options…
This past week, I made a presentation on the economy at a conference in New Orleans. Say what you will about the place, but people love to go to NOLA and have a good time. There…