One of the most important documents that a business owner should have is a buy-sell agreement which doesn’t seem to get a whole lot of attention. In this episode, Jim McGovern shares a step-by-step process for creating a buy-sell agreement without losing out on the value of your business. He will give you tips on …
98% of business owners don’t know the value of their business. Yet, most business owners are banking on the sale of their company someday to fund their retirement. In this episode, Jim McGovern talks with Jason Early, president of BizEquity, to discuss why you deserve to know the value of your business and what you …
Structured notes have sometimes been perceived as investments for only the rich and wealthy. Now with the competitive marketplace, financial advisors have access to low-cost, accessible structured notes that offer investment solutions any individual investor can access. In the episode, Jason Barsema, CEO of Halo Investing, discusses the details of structured notes, when to use …
1 in 3 workers are willing to consider a lower paying job if it was a more fulfilling job. It can be nearly impossible to be fulfilled in your life if you are not fulfilled at work. In this episode, Emily Melious, CEO and fulfillment coach at Launch Consulting, discusses why fulfillment equals the alignment …
Are you properly claiming your Social Security benefits? Most people don’t put enough careful thought into Social Security claims and this mistake can leave you with a reduced retirement income. In this episode, Jim McGovern talks with Elaine Floyd, CFP®, and author of Savvy Social Security Planning For Boomers. She debunks some of the most …
During the life of a business whether it be a company that is big or small, business owners put in long hours, wear different hats, and are pulled in different directions with no shortage of stress. In this episode, Jim McGovern talks about a clear path to follow so you can protect the company you …
Do you know what ingredients are in your investment portfolio, the recipe being used and why? Do you know how markets work, the factors that influence your long-term returns, and what to expect out of your portfolio based on how it’s designed? Without an intuitive and logical framework to follow, investing can be confusing, intimidating, …
One of the most important financial resources that you have is cash flow. We use cash flow to determine how to spend, save and plan our money for the future. What happens to you when your cash flow stops as a result of a health-related matter? In this episode of Maximizing Outcomes, Jim McGovern discusses …
What would happen to your estate if you were to pass away tomorrow? Do you have a will in place for your family? States such as Pennsylvania cannot guarantee that the spouse of a deceased person will inherit 100% of the money when there isn’t a will in place. In this episode, Jim McGovern talks …
Every child is going to need different quantities of support from their parents. How can you establish and navigate the support systems that your child requires? In this episode, Jim McGovern talks with Judy Herron, CPA to discuss her story of raising her son Chaz and how she became proactive in creating his financial future, …