Many businesses throughout Kentucky and across the country have fallen on challenging times for a perfect storm of reasons including: The COVID-19 pandemic Interruptions in supply chains Inflation Labor shortages Street violence and property destruction Burnout and...
In part 1 of this post, we talked about the importance of business succession planning. Specifically, part of establishing your business should include serious consideration of a plan for how to handle owner divorce, exit or death. What would be the ideal outcome for...
In the excitement and busyness of starting a new Kentucky business, do not forget that it will eventually wind down, be sold or morph in some other way. Ownership interests in partnerships, corporations and LLCs can change over time, but if you do not put into place...
