Recent Articles From EvanCarmichael.com http://www.evancarmichael.com/ http://www.evancarmichael.com/Personal-Finance/7017/Before-Selling-Your-Business--Part-1-The-Planning-Stage.html http://www.evancarmichael.com/Personal-Finance/7017/Before-Selling-Your-Business--Part-1-The-Planning-Stage.html The process of selling a privately or closely held business is a life-changing event which encompasses a great deal more than many people realize. Unfortunately, far too many learn this lesson in the hardest of fashions, suffering through days upon days of anxiety, wrestling with sleepless nights, compromising valued relationships and leaving countless opportunities unrealized along the way. To help you navigate these dicey waters, I have identified three process stages based on insight gathered through research, first-hand experiences and interviews with experienced professionals. The first of these stages, and possibly the most important, is the "planning stage." http://www.evancarmichael.com/Personal-Finance/7017/Is-it-Time-to-Revise-Your-LongTerm-Financial-Plan.html http://www.evancarmichael.com/Personal-Finance/7017/Is-it-Time-to-Revise-Your-LongTerm-Financial-Plan.html Given the turbulent nature of our financial markets, many prudent investors are reassessing their positions as well as their long-term objectives, and with good reason. In fact, since 2008’s downturn many wealth managers and financial advisors have adopted a more holistic approach to planning for their clients’ futures. A large number of today’s private investors have taken-on a similar approach as well, which places an equal amount of focus on fiscal needs as well as quality of life, more in-depth retirement planning, long-term medical care, philanthropic preferences and more strategic estate planning. Prudent research indicates there are five critical areas to consider.