October 18, 2016
Listen to the Episode Below: Okay, so maybe “exit” planning sounds too final. Or “succession” too complicated. But can you “back away”? In other words, can you create the space to take unplugged time off so your business can function without your being there? In this episode, wealth advisor Lawrence Bogar explores the effect on your family and your finances when you can’t “back off!”—and the building blocks to put in place so you can. How to Back Away So Your Business Runs Itself… Create a plan so you are not embedded in the daily goings-on of your business. This will put yourself in a position where your business can operate and grow without you handling every facet. Let go! Develop a management team that can and will continue to function without you. Give the management team the power to make decisions and take responsibility without involving you in every matter. Face it: you will, one day, transition out of your business. Plan for that, as the day will come, no matter how old you are or…
Continue ReadingI’ve written a lot about choosing the right business partner, but as I was trolling the Internet, perusing article on the numbers of people laid off and contemplating entrepreneurship (whether by choice or by default),…
Read MoreNever mind the book (although I’m sure it’s great) — here’s a delightful and intelligent book review of Larry Wilson’s Stop Selling – Start Partnering by Jim Hassett. Although Jim’s professional focus is on law firm…
Read MoreAs Seen In … Like Erma Bombeck famously said about housework, Succession planning expands to fill the time available. It can take years. Except … when it can’t. Let me share with you stories of…
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I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.
And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.
I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.
