by Chris Goebel | Mar 13, 2022 | Crossroads Advisers
By searching for information to increase your odds of creating a successful business transition/exit for you, your family, your company, and your employees, you position your business to become better than the 80% of small businesses in today’s market. One of...
by Chris Goebel | Oct 5, 2020 | Crossroads Advisers
“Planning is bringing the future into the present so that you can do something about it now.” ― Alan Lakein “I haven’t decided what I ultimately want to do with my business, when I want to exit, how much money I’ll need, or whom to sell to. So how can I plan my...
by Chris Goebel | Aug 14, 2020 | Crossroads Advisers, News
Chris Goebel’s Crossroads Advisers offers business transition planning, handling the sale of a business, and business management and advisory services. (Photography: Benjamin Margalit) WHEN THE TIME COMES FOR YOU TO LEAVE YOUR BUSINESS, CROSSROADS ADVISERS CAN HELP...
by Chris Goebel | May 28, 2020 | Crossroads Advisers
Many small business owners were caught flat-footed when the Payroll Protection Program Loan (PPP Loan) was launched in late March 2020. The rush that followed the PPP Loan announcements nearly brought the operations in some of the largest US banks to its knees as...
by Chris Goebel | Apr 28, 2020 | Crossroads Advisers
What does the Housing Bubble Crash in 2008 and the Covid-19 Pandemic in 2020 have in common? These devastating catastrophes drastically affect Baby Boomer business owners’ retirement timelines and financial ability to transition out of their businesses. What does the...
by Chris Goebel | Apr 6, 2020 | Crossroads Advisers
By George Isaac, www.GeorgeIsaac.com Most family businesses are now experiencing significant revenue decreases. While some companies may be seeing volume increases, the overall impacts of the crisis are staggering. Virtually all family businesses must now adapt...
by legacyadvisorsmkt | Mar 25, 2020 | Crossroads Advisers
By Alexis Preskar at Kohrman,Jackson & Krantz LLP The Ohio Superintendent of Insurance has issued an order directing insurers to relax certain insurance requirements in light of the COVID-19 coronavirus pandemic. This order applies to health insurance, not other...
by Chris Goebel | Mar 25, 2020 | Crossroads Advisers
By: Demetrius Robinson & Rob Gilmore at Kohrman, Jackson & Krantz LLP Last week, President Trump signed the Families First Coronavirus Response Act , marking the second major piece of legislation passed by Congress in response to the COVID-19 coronavirus...
by Chris Goebel | Mar 11, 2020 | Crossroads Advisers
At some point, you will leave your business—with or without a well-defined plan. Planning for succession is oftentimes left until the very last moment, as business owners struggle to create a detailed strategy in advance. In fact, only 13 percent of business owners...
by Chris Goebel | Mar 10, 2020 | Crossroads Advisers
Forty percent of business owners have no retirement savings. Many business owners have neglected this critical component of financial preparedness in favor of reinvesting into their company and trust that their future income needs will be realized when they transition...
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