Liberation Power Consulting Inc

12/05/2023

Check our Bi-weekly Newsletter.

For many business owners, the business is more than a means to make money—it's a part of their identity and a link to the past. This can make the idea of leaving it, and committing to the planning required to leave it successfully, very challenging. Consider the story of Tony Charles, a fictional ...

11/08/2023

Check our Bi-Weekly Newspaper.

Selling your business comes with major tax implications. You likely don't want to pay any more than the minimum in taxes when you sell. With planning, it's possible to reduce your tax burden and reap the most out of a business sale. It can also help you reduce the likelihood of a larger-than-expecte...

09/27/2023

Check our Bi-Weekly Newspaper.

Many business owners choose to sell their businesses to third parties for several reasons. If you're thinking about pursuing a third-party sale as your business exit strategy, consider these four steps to prepare yourself for a successful third-party sale.

08/24/2023

Check our Bi-weekly Newsletter

Running a successful business that generates wealth is incredibly satisfying. If there's a downside to it, it's that much of that wealth is generally illiquid, unless you sell the business or invest outside of your business.

08/22/2023

It feels good when our clients get real value from my Framework.

08/11/2023

Check our Bi-weekly Newsletter

A big part of being a successful business owner is your ability to ask questions. This innate curiosity allows your business to thrive, adjust, and evolve. It's also a good way to begin planning for a successful future outside the business. 

08/08/2023

Startup founders, don't launch without a clear exit strategy!
90% of startups are doomed to failure and an exit strategy is a plan for how you will exit your startup, whether it's through an IPO, acquisition, or another means. Having an exit strategy can help you stay focused and make better decisions along the way.

Here are some tips for creating an exit strategy:
➡️Define your goals. What do you want to achieve with your startup? Do you want to sell it, take it public, or keep it private?
➡️Set a timeline. When do you want to exit your startup?
➡️Identify your options. What are your different exit options?
➡️Develop a plan. What steps do you need to take to achieve your exit goals?

07/31/2023

Is your EXIT ready? Are you well aware of your options?

07/26/2023

Check our Bi-weekly Newsletter

A common tragedy for business owners is facing a life-changing event, such as a sudden death or illness that devastates the business, without a plan. While these events may seem uncontrollable in the moment, the good news is that with foresight and planning, you can regain control over what seems un...

07/20/2023

Check our Bi-weekly Newsletter

When you co-own a business, you likely don’t go into it thinking, “One day, we may loathe each other.” But over time, goals, ambitions, and the economy itself can change, creating strife among co-owners. And it becomes hard, if not impossible, to solve major disagreements when you’re in the ...

07/07/2023

Welcome to our Bi-weekly Newsletter

Planning for a successful future can seem like an event—a thing you do in the course of business. However, in many cases, this planning is much more like a relationship: with your loved ones who rely on you, with your employees, and with your advisors. When fostered, it can be one of the most fulf...