If you live in Trophy Club, there’s a good chance you’ve asked yourself this question: “Should I be investing more… or should I just pay off the house?” On the surface, it feels like a math problem. Interest rate vs. market return. But that’s not actually what this is. This
Most business owners are excellent capital allocators inside their companies. They constantly decide where money should go, what projects deserve funding, and which investments will produce the best return. If you ask a founder why they spent $300,000 on equipment or why they hired three new employees, they can usually
If you’re a business owner, you’re probably excellent at allocating capital inside your company. You know when to hire.You know when to cut expenses.You know when to reinvest in growth. Every dollar in your business has a purpose. But when it comes to your personal balance sheet, most founders become
If you’re a business owner, you’re probably very good at allocating capital inside your company. You know when it makes sense to hire someone and when it doesn’t. You know when it’s time to invest in marketing, when to upgrade systems, and when to hold back on spending. Every dollar
While most business owners are aware of standard income and capital gains taxes, there are actually several taxes business owners pay that fly under the radar. But there’s another tax quietly sitting in the background that catches a lot of successful people by surprise. It’s called the Net Investment Income
If you ask most business owners what taxes they pay, the answer is usually the same: And while those are certainly real, they are only part of the picture. In reality, successful business owners face six different taxes that can erode their wealth over time. Some show up every year.
Most business owners worry about the wrong taxes. They spend time trying to minimize income tax.They ask their CPA about capital gains rates.They worry about estate taxes decades down the road. All of those taxes matter. But the biggest tax I see business owners pay isn’t on their tax return.
Most business owners believe their business will fund their retirement. Most are wrong. That’s not an insult. It’s math. When discussing exit planning and business valuation, asking owners what their company is worth usually results in one of three answers: Very rarely do I get a number grounded in real
If your financial plan starts with “max your 401(k),” you probably don’t have a business owner plan. You have an employee plan. And that’s the problem. There are more employees than business owners. So most financial advice is built around steady paychecks, predictable taxes, and simple retirement structures. Then that
When most business owners think about selling, they picture an outside buyer—a competitor, a private equity firm, or a strategic acquirer. But one of the most rewarding and often overlooked exit paths is right under your nose: selling your business to a key employee or a small group of employees