The 7 Biggest Financial Mistakes Made By Successful Entrepreneurs: And What To Do About Them
by Bruce Frankel /
2017 / English / EPUB
1.2 MB Download
THEY'VE GOT IT ALL WORKED OUT--OR DO THEY?
THEY'VE GOT IT ALL WORKED OUT--OR DO THEY?
It seems logical that successful entrepreneurs must have optimized
finances. They've got the nice house and the boat and the tropical
vacation; they must know what they are doing and have the best
experts watching out for their interests. Unfortunately, despite
their success in business, their finances are often a mess.
It seems logical that successful entrepreneurs must have optimized
finances. They've got the nice house and the boat and the tropical
vacation; they must know what they are doing and have the best
experts watching out for their interests. Unfortunately, despite
their success in business, their finances are often a mess.
As a Certified Financial Planner, Bruce Frankel has seen it all. In
his new book, he details the 7 biggest mistakes he's seen from his
clients--successful owners, shareholders, and executives of closely
held small to medium-sized businesses--over the years:
As a Certified Financial Planner, Bruce Frankel has seen it all. In
his new book, he details the 7 biggest mistakes he's seen from his
clients--successful owners, shareholders, and executives of closely
held small to medium-sized businesses--over the years:
- Choosing the wrong advisor team
- Choosing the wrong advisor team
- Inappropriate entity choice and structuring
- Inappropriate entity choice and structuring
- A shortsighted tax strategy
- A shortsighted tax strategy
- Failing to create a business continuity plan
- Failing to create a business continuity plan
- Inadequate protection from wealth predators
- Inadequate protection from wealth predators
- Following the conventional "wisdom" of Wall Street
- Following the conventional "wisdom" of Wall Street
- Failing to plan for a business transition
- Failing to plan for a business transition
Frankel explains how, through strategic financial planning and
with a team of trusted and collaborative experts, entrepreneurs can
protect and grow their wealth for their legacy. After they have
transitioned from the business, the company will continue to
thrive, and they can ensure that their family--and their
community--are properly cared for.
Frankel explains how, through strategic financial planning and
with a team of trusted and collaborative experts, entrepreneurs can
protect and grow their wealth for their legacy. After they have
transitioned from the business, the company will continue to
thrive, and they can ensure that their family--and their
community--are properly cared for.