5. Project sales conservatively. Pie-in-the-sky forecasts will erode your credibility and scare away investors or lenders. You don’t need to impress anyone with large numbers, just show that you can pay the bills and hopefully earn a small amount of profit.
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The benefits are easy to list. The owner is spared the cost, disruption and stress of a company sale process. If the children have the drive and ability to run a company, and get on well together, they should earn more than they would as paid employees. There is also the emotional satisfaction of seeing the company you have built live on. These are not benefits to be lightly set aside.
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* 90% of your time MUST be spent on actual activities that make you money Contact workers compensation authorities in your state to find out how you can go about …