Your business is probably the most valuable asset in your investment portfolio and the one that has the greatest upside economic potential. Unfortunately, equity value concerns often fall to the wayside as day-to-day operational matters, tax planning and other pulls on your time take priority. This is a critical mistake often leading to a failed opportunity to grow your personal wealth. The Chapters in this program are intended to familiarize you with those critical elements of your business that drive value and how to incorporate consideration of these elements when making operational decisions. In this way, the decisions you make in the future will not only address short-term needs, but also contribute to long term equity value growth.

Be proactive instead of reactive. If you are tired of your business running, you with having to solve one crisis after another; it is exhausting. With a little work, you can enjoy running your business again and solving problems with your team before they become a crisis situation. When done properly, you and your team can use a Flash Report to monitor key metrics of your business in real time giving you the ability to react and solve problems at the origin of the issue in real time. Take a look today!!

Successful operation of any business requires an understanding of the story told by commonly- used and accepted financial information, including financial statements. It is imperative that business owners not just read these statements but are able to use them to discern the meaning of the information so that past operating decisions can be evaluated and future operating decisions are predicated on the best and most useful information available. The Chapters in this program fuel this understanding and also add a number of marketing-based strategies to add to your organization’s future success.

Perhaps no life experience is more daunting than divorce. For those facing that prospect, understanding the process and the heavy weight of emotional and financial challenges imposed upon the parties is critical to minimization of the stresses of that process and attaining the most advantageous financial resolution possible. The Chapters in this course of study will familiarize you with the critical elements of that process from hiring the right attorney, to deciding to move forward seeking a divorce, to preparation and organization of the case from your perspective, to seeking means by which to settle your case quickly, and to life after divorce and wealth preservation. Along the way, you will become familiar with often seen divorce concepts including personal versus business goodwill, valuation of privately-held business interests, marital property rules and separate property forensic tracing.

Develop those skills that will allow you and your management team to quickly and efficiently assess your business’ financial information and operations for detection of fraud and financial improprieties through an understanding of common examination methodologies including Digital Analysis, Behavioral Detection, the 60-Second Method and the Internal Revenue Service’s Financial Status Audit Technique.

Drafted by legal experts, the materials in this course will introduce you to widely used business documents and protocols including Buy-Sell and Transfer Restriction Agreements, standard contract terminology and usage, common ways to protect your confidential and proprietary information, Letters of Intent, General Contracting, Employment Agreements and Best Practices. While the information set forth herein is not intended to replace competent legal counsel, for every business owner, having a strong grasp of the information in this course can serve to save you thousands of dollars in professional fees as you will not require that attorneys educate you at their average billing rates

Learn fundamental techniques for integrating key employee training into tested employee retention strategies, including directives on optimizing both your and your employees time management skillsets through trust and consensus building using the SMART model and collaboration with others. The program also provides a deep dive into best practices in recruiting and interviewing candidates, as well as how best to empower you and key employees and minimize turnover.

Cryptocurrency is the gateway into the future of monetary transactions in an international marketplace. Understanding the basics of Blockchain Theory and the mechanics of cryptocurrency, a digital or virtual currency secured by cryptography, is a necessary progression to transaction management, as we currently know it. The Chapters in this program explain Blockchain Theory and cryptocurrency, how these concepts translate to the market capitalization of coins, maximum supply versus circulating supply, mining cryptocurrency, how to accept crypto as payment in a business, crypto-based debit cards versus traditional debit cards, and protecting against cyber-theft. Other topics discussed in this course include crypto-investing and tax fundamentals, understanding global tax laws affecting transactions involving cryptocurrency and addressing cryptocurrency audits, among others.

Obtaining a legal and valid patent from the United States Patent and Trademark Office is the only way to ensure that the technology / product / intellectual property that you have developed, invented or created is protected from competitors and others. However, that process required from the USPTO is a complex one requiring, in addition to a fee, the completion and submission of an application. This program and the Chapters set forth herein are intended to aid in the process of preparing the application and focuses primarily on the required illustration process, how to prepare those drawing and pictures required by USPTO to fully explain and illustrate the idea for which the patent is being sought. Among the information discussed herein is how best to facilitate the necessary illustration, how to keep the costs of patent illustration low, how to present the drawing in the application and how to avoid the most common pitfalls in the illustration aspect of the patent request.

Buying a business, or a partial equity interest in a business, can be among the most complex transactions one may encounter in their professional life. Understanding deal structure and the economic, financing, accounting and tax implications associated with that structure is paramount to a successful investment. Importantly, each of these implications is tied to the investment return one might expect from acquiring the business or equity interest. This course offers an introduction to many of the complexities associated with these deals including investment property purchase basics, deal structures, financing alternatives, liability considerations, cash flow implications related to deal structure, and acquisition- related documents such as Buy-Sell Agreements. In addition information is included addressing how best to minimize investment risk and how to address day to day operating issues arising from a change in ownership, and more!

Financial Planning is that process which integrates all aspects of both current and future fiscal well-being for an individual and his or her family and heirs. Understanding how money grows through the power of compounding, how to evaluate different investment options and how to plan for life events such as children’s education or retirement are critical to one’s financial “fitness”. Very often, an accredited financial planner can lead one to getting the maximum utility and fulfillment from those assets that he or she has accumulated. The Chapters in this course will aid you in understanding why it is important to have a financial plan, why a financial planner is important and how best to select a planner that matches your needs. There are several Chapters intended to serve as a primer on retirement plans for small and medium sized businesses, as well as an introduction to education planning options and family finance basics.

Perhaps no other aspect of business operations, especially in a multi-state setting, is more complex than complying with the many specific rules associated with each state’s sales tax. Understanding sales tax rules, in general, maintaining proper recordkeeping to facilitate compliance with these rules and how to collect and remit sales tax, as well as filing the required state and local sales tax returns is critical to reducing exposure to state tax authorities for these taxes, as well as penalties and interest. Unfortunately, determining whether your business has sufficient connectivity to any particular state (nexus) to require the collection and remittance of sales tax and then determining which products and services are subject to that tax can be a daunting task. Even more difficult is dealing with tax authorities via sales tax audits and dispute matters. The information presented in these Chapters present answers to all of these questions, and more, by one of the preeminent sales tax specialists in the United States.

Building personal wealth is a lifelong process, requiring savvy financial and economic decision-making, as well as a significant commitment of personal time and effort. Unfortunately, living in a litigious environment, your lifetime accumulation of assets can suffer substantial impairment or disappear altogether, and quickly. Oftentimes, those asset losses or asset diminishment can be avoided, or minimized with the adoption of some commonly accepted asset protection strategies. This course offers an introduction and familiarization to strategies and methodologies designed to minimize your economic and financial risk. From Domestic Asset Protection Trusts to Offshore Asset Protection Trusts to legal strategies intended to aid in protecting personal assets from being exposed to legal actions for personal liability and business liability, the information set forth in the Chapters can lead the participant to substantially lessen his or her overall risk and potential asset loss!

The most significant aspect of business ownership is most often the “exit” of the founding equity owners. It is inevitable that business succession will occur at some point in the future, whether that exit is planned or not. Options for owner-exit are as varied as the equity-owners themselves. However, certain key elements of the exit process are common to all exit strategies and must be understood by the business owner to ensure that the strategy adopted and implemented not only meets his or her desires but is accomplished in the most efficient manner possible. This will ensure that the business owner is fully rewarded for the many years invested in the business and the legacy of those efforts follows his or her wishes. Learn in this program about the most common exit methodologies and how best to plan, including timing of the exit, to ensure that the goals and wishes of the exiting owner are accomplished including the determination of value, a sale of equity, a sale of assets, a sale to an employee stock ownership plan (ESOP), and gifting to next generation.

Starting a business represents the biggest risk most people will ever take in the course of their working lives. Because that risk is so great, many of those individuals will reap significant financial and economic rewards, as well as emotional and personal satisfaction in their careers. Unfortunately, statistics show that many more individuals will fail and lose not only their initial investments but potentially more, both economically and personally. With proper preparation, the investment risk associated with starting a business can be controlled and minimized. The secret is in understanding entity structures and the ins and outs of financing terms. In this course, you will learn the key aspects of corporate, family limited partnership, partnership, and limited liability company basics both from a tax perspective, as well as a liability and exposure perspective. You will learn how to develop and use a business plan to your advantage to guide you as you embark on this most amazing adventure. Further discussions in this course include considering business growth through acquisitions and how to drive strong relationships with your banking representatives.

Operating decisions and day to day management pose never ending challenges for the business owner. Oftentimes, these decisions are made without a true understanding of how they affect the long-term growth prospects. Ultimately, integrating the impact of growth and value enhancement into daily decision-making by you and your management team will drive increases in business value and produce gains in your personal wealth. This course includes a discussion of many topics covering all aspects of value enhancement through the implementation of growth-oriented management strategies that include, customer management, adding and retaining quality ‘value-added” members to you team, reinventing, size adjusting and right-sizing different elements of your company to better meet your needs and add efficiency and effectiveness to your operations, refocusing revenue streams and sales efforts, consideration of improved technology and current operational protocols designed to create additional growth opportunities. A number of ancillary Chapters are included in this course, including ways to better understand internal controls and looking at such as a growth initiative, using acquisition as a means or inorganic growth, minimizing employee turnover, successful team coaching and more!