The business owner's guide to financial freedom
Subtitle: what Wall Street isn't telling you
By: Mark J. Kohler CPA, Attorney ; with Randy Luebke, RFC
Contributors: Luebke, Randall A., author
Publisher: Entrepreneur Press
Published: 2017
Language: eng
Number of pages: 292
ISBN-13: 9781599186160
Subjects: Finance; Business enterprises; Personal Finance; Businesspeople
Description: "Tailored for small business owners and entrepreneur like yourself who are looking for long-term financial planning and wealth management, The Business Owner's Guide to Financial Freedom reveals the secrets behind successfully investing in your business while bypassing Wall Street-influenced financial planners. Attorney and CPA Mark J. Kohler and expert financial planner Randall A. Luebke deliver a guide catered to your entrepreneurial journey as they teach you how to create assets that provide income so work is no longer a requirement, identify money and tax-saving strategies, and address business succession plans to help you transition into the investment phase of business ownership"--Page [4] of cover.
Notes: Includes index.
Table of contents: title: The difference between Wall Street and Main Street; title: Part I. Perspective. The entrepreneur mindset; title: A reality check : the true value of your business; title: The truth about your financial advisor; title: What Wall Street isn't telling you; title: Part II. Forge a better, smarter, and safer way. The lifetime paradigm and the 4 x 4 financial independence plan; title: Step 1 : optimize what you already have; title: Step 2 : dealing with debt as an entrepreneur; title: Step 3 : Maintaining proper cash reserves; title: Step 4 : Investing your profits and building buckets; title: Part III. Deploying your assets strategically. Understanding the limitations and potential power of Social Security; title: The role of your personal residence; title: Health care : the hidden time bomb; title: Self-directing and strategic use of the IRA, SEP, and 401(k); title: Why rental real estate, and how to do it right; title: Vacation property and timeshares : strategies and pitfalls; title: The proper role of insurance in your plan; title: What you should be buying from Wall Street; title: Part IV. Exit strategies for your business. Preparing to sell your business; title: Pricing your business and increasing its value; title: Helping your partners or employees buy the business; title: How to find and sell to a third-party buyer; title: Selling to your family; title: Part V. Protecting your hard-earned assets. Asset protection : inside and outside; title: Cyber security risks; title: Where estate planning fits into the equation; title: Our financial freedom challenge to you!.