A business owner explains how to fund changes that reduce your dependence on the company by using tax credits like real estate and R&D credits. The key is understanding your entity structure and taking a unified view of your business, personal, and financial situation.
I think, you know, one of the things you and I have talked about a lot that you really have been, you know, pretty intrigued about is, you know, how do owners fund these sort of changes to remove that owner dependency? And we would look really closely into the entity structure, the taxation of the business, and using different types of credits, including real estate and research and development credits, so that owners have the opportunity to offset what of those investments might be. The goal is we have to create a holistic integrated view that gives the owner the clarity that they need to see whatever that future might be, not 3 different lenses of business, personal, and financial.
How Can You Maximize Your Business Value Before Selling? with Randy Katz Video
