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 Reading“I. Don’t. Have. Time. To. Grow. My. Business,” said Mark through clenched teeth. I could hear the frustration in the clipped tones. The resentment. The weariness. Trying to keep a lid on it all. And…
Read MoreQ.: How do I completely transfer stock from an old business partner back to myself? A.: You have not indicated if you and your old business partner are the only shareholders of this corporation…
Read MoreAs you look back on the past year, and think about planning for the future, you’ll ask yourself a question reminiscent of New York City’s former Mayor Ed Koch, “How’m I doin’?” So how are…
Read More
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.
