Our most recent webinar: 21st Century Asset Protection with Ryan Fowler

Everyone needs to protect their wealth...

Engaging the Media: Get your business found amid the clutter...

re:  Webinar with media trainer and former Fox producer, Jess Todtfeld.

Harry Dent- How Can You Invest In The Future?

Harry has another great video outlining his predictions for the coming year..
Click on this link to watch it now:

http://pro.dentresearch.com/SLAUGHT_EXT_LIST/PBNBR201

What funeral directors MUST know before hiring someone to help them sell their business...

 re: my article in THE DIRECTOR magazine


 by Heath Frantzen
Delta Business Services


If you’ve been in the mortuary business for any length of time, you’ve certainly
earned your right to a healthy dose of skepticism.

Most funeral business owners have endured more than their fair share of eye-glazing, brain-numbing sales pitches and vendor-sponsored events.

They’ve been pushed to try numerous products, procedures and systems,many of which have failed to deliver anything but mediocre results.

That’s why, even though you might be near retirement and more than ready to
start the process of selling your successful funeral service business, some solutions
presented to you promising a better,more financially lucrative and less stressful way of selling might put you on the immediate defensive. “Too good to be true.” “Heard it before.” “If this works
so well, why doesn’t everyone do it this way?” These are a few of the familiar yet understandable responses business owners give when urged to look into alternative selling strategies.

Funeral directors, who play such a critical role in the final exit each one of us
must take, often find themselves overwhelmed by the details that attend their own retirements.
If they are looking to sell their businesses,they must diligently plan the sale or risk facing adverse tax consequences.

If they choose to use a business broker,they may find themselves paying hefty commissions and fees while... (the rest of the article is here:

http://www.mediafire.com/download/vc7xsti30b7tov8/11_2014d_Frantzen.lnk)

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...

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...

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.

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)