Tuesday, November 18, 2014
VIDEO: Three Ways to Get Someone’s Attention Online, and then How to Hold it for 20 Minutes Solid – with Oren Klaff.
re: check out this great presentation from business guru Oren Klaff...
Friday, November 14, 2014
New Exit Coach Radio Webinar: Heath Outlines the Delta Solution For Helping Baby Boomer Business Owners Sell
re: Check out our latest webinar. I discuss in more detail the value of the Delta Solution for helping business owners 65 and older sell their businesses in 49 days (or less) for more money, and while paying ZERO taxes...
Friday, November 7, 2014
Tax Implications of Selling A Business...
I ran across this article that highlights an important issue when you decide to sell your business. Qualified sellers can avoid this altogether by using the Delta Solution. Learn more at www.deltabusinessservices.com- Heath
Tax Aspects of Selling Your Business: An Overview
When you sell your business you may face a significant tax bill. In fact, if you're not careful, you can wind up with less than half of the purchase price in your pocket, after all taxes are paid! However, with skillful planning it's possible to minimize or defer at least some of these taxes.
Tax Aspects of Selling Your Business: An Overview
When you sell your business you may face a significant tax bill. In fact, if you're not careful, you can wind up with less than half of the purchase price in your pocket, after all taxes are paid! However, with skillful planning it's possible to minimize or defer at least some of these taxes.
You will be taxed on the profit you make from selling the business. You may be able to control the timing through the terms of the deal, but the IRS will take its share at some point.
The amount of tax that you will ultimately have to pay depends upon whether the money you make from the sale is taxed as ordinary income or capital gains. Profit received from the sale of the business assets will most likely be taxed at capital gains rates, whereas amount you receive under a consulting agreement will be ordinary income.
Allocation of Sales Price Governs Tax Consequences
If you negotiate a total price for the business, you and the buyer must agree as to what portion of the purchase price applies to each individual asset, and to intangible assets such as goodwill. The allocation will determine the amount of capital or ordinary income tax you must pay on the sale. It will also have tax consequences for the buyer.
What is good for the tax picture for the seller is often bad for the buyer and vice versa, so the allocation of price to various components of the deal is frequently an area for negotiation and compromises.
(read the whole article at http://www.bizfilings.com/toolkit/sbg/run-a-business/exiting/tax-aspects-of-selling-business.aspx)
Monday, October 13, 2014
Check out our latest podcast on ExitCoach Radio.
Heath has assembled a top-notch guest panel featuring: specialists in the areas of business strategy, finance, compliance, exit planning, insurance, and other areas of interest to business owners over 55.
Business Exit Roundtable is designed with you, the business owner thinking of retiring, in mind..
Today's Exit Coach Roundtable lineup features:
1. Brian Kinahan 10AM-10:20 Central-, Partner Newport Board Group. Los Angeles- based Brian Kinahan’s specialty is increasing the valuation of a business before it’s sold.
2. Peter Duff 10:20-10:40 (CENTRAL) Partner, Newport Board Group Based in Central Texas, Peter Duff has over a decade of service with Hanson & U.S. Industries, Peter partnered with the CEO of a footwear manufacturing company on a 3 year restructuring program, resulting in improvement in EBITDA from zero to $29 million..
3. Kerri Salls 10:40-11:00 (Central Time) Founder and Managing Director, This Way Out Group, Framingham,MA. An active advisor in business strategy with an eye towards owner exit planning for 40 years, Kerri Salls is leading a revolution in the exit planning field. A prominent exit strategist and mentor who prepares owners and entrepreneurs to achieve their optimum exit plan, she created a new paradigm delivering a comprehensive collaborative solution to help business owners:
Monday, September 29, 2014
Inaugural Podcast- #HarryDent Sees The Bubbles Coming...
re: An hour in the brain of Harry Dent
by Heath Frantzen
Delta Business Services
Are you ready for the inevitable demographic cliff that will occur as the #BabyBoomer generation heads for the exits?
Do you understand the boom/bust cycles that defy every government effort to control them and which threaten your wealth?
Is it time for you to sell your business while you can and get the most money possible for it or should you take your chances and wait a few years?
Economic trend forecaster and author Harry Dent joined me on my very first podcast to answer these and other important questions.
You'll enjoy Harry's lively, sometimes controversial takes on investing and preserving wealth in an insane economic climate and how he uses demographics to accurately chart a course out of this mess.
Check out the archived interview here:
http://www.blogtalkradio.com/exityourbusiness/2014/09/26/business-exit-roundtable-demographic-expert-harry-dent
File under: #harrydent, #economy, #timetosellyourbusiness, business selling strategies in 2014, harry dent predicts bubble in real estate, best financial strategies in 2014, #businesspodcasts, delta business services
Delta Business Services
Are you ready for the inevitable demographic cliff that will occur as the #BabyBoomer generation heads for the exits?
Do you understand the boom/bust cycles that defy every government effort to control them and which threaten your wealth?
Is it time for you to sell your business while you can and get the most money possible for it or should you take your chances and wait a few years?
Economic trend forecaster and author Harry Dent joined me on my very first podcast to answer these and other important questions.
You'll enjoy Harry's lively, sometimes controversial takes on investing and preserving wealth in an insane economic climate and how he uses demographics to accurately chart a course out of this mess.
Check out the archived interview here:
http://www.blogtalkradio.com/exityourbusiness/2014/09/26/business-exit-roundtable-demographic-expert-harry-dent
File under: #harrydent, #economy, #timetosellyourbusiness, business selling strategies in 2014, harry dent predicts bubble in real estate, best financial strategies in 2014, #businesspodcasts, delta business services
Thursday, August 28, 2014
How to Attract Quality, Motivated Buyers for Your Business
re: attracting the right kind of quality buyer for your business
by Heath Frantzen
Delta Business Services
www.deltabusinessservices.com
If you are a baby boomer business owner considering selling your small business in the next few years, then you need to know exactly how to attract your ideal buyer.
Many baby boomers will be selling in the next decade and it will definitely be a buyer's market. Do you know how to create value within your business to make it irresistible to potential buyers?
How do you get the attention of qualified buyers in a market overrun with cash-producing businesses?
Our free report, written from the perspective of a veteran business buyer, will give you actionable strategies for selling your profitable business, even in an unpredictable marketplace. You can get it for free right now by going to:
http://www.mediafire.com/view/v245ljf8bpwugyq/howattractqualitybuyers3.pdf
File under: Baby boomer business owner resources, baby-boomer-businesses, how-sell-small-business, avoid-business-brokers, get-more-money-when-selling-your-business
by Heath Frantzen
Delta Business Services
www.deltabusinessservices.com
If you are a baby boomer business owner considering selling your small business in the next few years, then you need to know exactly how to attract your ideal buyer.
Many baby boomers will be selling in the next decade and it will definitely be a buyer's market. Do you know how to create value within your business to make it irresistible to potential buyers?
How do you get the attention of qualified buyers in a market overrun with cash-producing businesses?
Our free report, written from the perspective of a veteran business buyer, will give you actionable strategies for selling your profitable business, even in an unpredictable marketplace. You can get it for free right now by going to:
http://www.mediafire.com/view/v245ljf8bpwugyq/howattractqualitybuyers3.pdf
File under: Baby boomer business owner resources, baby-boomer-businesses, how-sell-small-business, avoid-business-brokers, get-more-money-when-selling-your-business
Thursday, July 10, 2014
Check out my latest radio interview with Exit Coach Radio
re: Exit Coach Radio interview..
by Heath Frantzen
Delta Business Services
Recently, I had an opportunity to sit down with "The Exit Coach," Bill Black, to discuss some of the daunting problems faced by baby boomer business owners who want or need to sell their businesses and retire.
It doesn't require an MBA to look at the data and determine that, at least for the next 20-25 years, the wave of boomers trying to sell is going to create an unparalleled buyer's market.
Bill and I looked at some of the challenges boomers will face in attracting the kinds of buyers they need for a successful sale and I offered some viable solutions.
Check out the interview and let me know what you think.
by Heath Frantzen
Delta Business Services
Recently, I had an opportunity to sit down with "The Exit Coach," Bill Black, to discuss some of the daunting problems faced by baby boomer business owners who want or need to sell their businesses and retire.
It doesn't require an MBA to look at the data and determine that, at least for the next 20-25 years, the wave of boomers trying to sell is going to create an unparalleled buyer's market.
Bill and I looked at some of the challenges boomers will face in attracting the kinds of buyers they need for a successful sale and I offered some viable solutions.
Check out the interview and let me know what you think.
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