Tuesday, September 6, 2016
So why don't we as business owners take care of our succession and exit planning when we know that we are guaranteed to die? I'm purposely being harsh because we see it all around us! We see it happen all around us, even to the people of amazing wealth like Prince.
The craziness of Prince's estate: 57% of his estate is going to be divided between the state and the federal government and there are also 102 people trying to take a piece of his estate by claiming to be blood relatives. Which has forced the judge to order DNA tests, before the court can even decide "who gets what".
It does not make sense to be in business and raise a family then leave the decisions of what happens upon death (100% will happen to you) up to the government.
I love what we do here at BTI because we show small to medium sized business owners a succession and exit plan with no upfront fees or retainers to show you how to protect your family from the long arms of the government and give you the ability to sleep at night, knowing that everything has been taken care of.
Give us a call
And we'd be happy to answer any questions you may have
Saturday, June 18, 2016
Thursday, May 19, 2016
Over my life, I have come to enjoy the smaller things in life. In between appointments I decided to throw a spinner near Thermopolis Wyoming, I was blessed with catching this 31 inch rainbow trout. It was peacefull and fun. I used to work 60 to 80 hrs a week. Never had time for fishing, vacations, leisure... but i needed to change that. Most buisness owners get so wrapped up in work, that they lose focus on the important things, like the organization that they can create, the quality of life that we all want. The right corporate structure can give you that extra cash flow. That then gives you more options, that I hope leads you to that freedom to make choices of how you wish to live your personal and buisness life.
PS. DO NOT POST A PICTURE LIKE THIS ON FACEBOOK WHILE YOUR WIFE THINKS YOUR AWAY WORKING. FYI It doesn't go over well.
Wednesday, May 18, 2016
Thursday, May 5, 2016
Wednesday, May 4, 2016
His CPA did not do the proper planning. So his declaration for insurance under the Obama plan came back and bIt hard on his profits.
Why is it that most small business owners do not plan? Why do we just do compliance aT the end of the year?
Let's change that and start planning today!
So, I guess if it is that hard to just get people to return a good morning. I guess I can see why it is so hard to get business owners to see the difference in tax compliance vs tax planning. Even though it can be up to a 40% difference in what they pay today.
If you're skeptical of a person wishing you a good morning... Gosh, someone helping you out would really frighten you huh? Especially if it's with something really important like saving you a lot of headache and money.
I will continue to say "Good Morning!" to as many people as I can, as well as enlighten small to medium sized business owners to why the bigger boys pay less than 20% on avg.
Friday, April 29, 2016
During our conversation he confessed that he hasn't been taking advantage of RND credits or the Domestic Production credit.
So we agreed that an illustration of these issues would be worth while to see how that impacts, not only his business but also his personal life.
He may be crazy, but Donald Trump is right about one thing, the law determines how much tax you pay. But lets be honest, how many of us know the law?