Research & Additional Resources
The purpose of the GWP Modules are to provide education and a starting point to begin or update your business and estate plans. In addition to our Community Resources, below are a few trusted resources to help you along.
- Neilson, Erik, 7 Estate Planning Tips for Business Owners. https://tomorrow.me/trust-worthy/planning-ahead/7-estate-planning-tips-business-owners/
- Prakash, Priyanka. Estate Planning for Small Business Owners in 8 Steps. Fundera. https://www.fundera.com/blog/estate-planning-for-small-business-owners
- Stern, W. Rod. Estate Planning for an Owner-Dependent Business from Estate Planning, Wills and Trusts: for Business Owners and Entrepreneurs. Entrepreneur Press. https://www.entrepreneur.com/article/181002
- Internal Revenue Service, Types of Retirement Plans, https://www.irs.gov/retirement-plans/plan-sponsor/types-of-retirement-plans
- Franc, Bradley. The Succession Solution. Woodview Publishing Company. 2020
- Gust, Gerald. Secrets to Succession. Gust Publishing. 2019
- Internal Revenue Service, Asset Allocation Form, https://www.irs.gov/pub/irs-pdf/f8594.pdf
- Selling Your Business to Your Employees: Employee Stock Ownership Plans (ESOPs) & Employee-Owned Cooperatives, An Owner’s Guide to Business Succession Planning. https://www.oeockent.org/resources-events/publications-and-research.
- Andrew J. Sherman. Understanding the Fundamentals of Succession and Transition Planning. Kauffman Entrepreneurs. https://www.entrepreneurship.org/articles/2002/11/understanding-the-fundamentals-of-succession-and-transition-planning.
- International Risk Management Institute, www.irmi.com
- Entrepreneur, Key Person Insurance, https://www.entrepreneur.com/encyclopedia/key-person-insurance
- Mason Finance, Business Life Insurance, https://www.masonfinance.com/blog/business-life-insurance/
- Policy Genius, What are the Types of Disability Insurance?, https://www.policygenius.com/disability-insurance/types-of-disability-insurance/
- State Farm, Term Life Insurance vs, Whole Life Insurance, https://www.statefarm.com/simple-insights/life-insurance/term-or-whole-life-insurance-which-is-right-for-you
Family Owned Business
- Baron, Josh and Lachenauer. Harvard Business Review: Family Business Handbook. Harvard Business Review Press. 2021
- Jaffe, Dennis T.. Borrowed from Your Grandchildren. John Wiley & Sons, Inc. 2020.
- Carmichael, Mark. The Intelligent Exit. Paperboy Publishers. 2017.
- DeTienne, Dawn R. and Wennberg, Karl. Research Handbook of Entrepreneurial Exit. Edward Elgar Publishing Limited. 2015.
- Leonetti, John M. Exiting Your Business, Protecting Your Wealth. John M. Leonetti. 2008.
- Tepper, Mark M. Walk Away Wealthy. Greenleaf Book Group Press. 2014.
- Taylor, Jon. Maximize Your Multiple. Stanton Park Capital. 2019.
Buying & Selling a Business
- Caruso, Gregory R. The Art of Business Valuation. John Wiley & Sons, Inc. 2020.
- Geodhart, Marc, et al. Valuation (Seventh Edition). John Wiley & Sons, Inc. 2020.
- Geodhart, Marc, et al. Valuation Workbook (Seventh Edition). John Wiley & Sons, Inc. 2020.
- The missing middle: Bridging the strategy Gap in US Family Firms- US Family business survey. https://www.pwc.com/us/en/private-company-services/publications/assets/pwc-family-business-survey-us-2017.pdf
- U.S. Small Business Administration. Close or Sell Your Business. https://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business
- Warrillow, John. The Art of Selling Your Business. An Inc. Original. 2021.
Legacy & Memorial Planning
- Cullen, Melanie. Get It Together, Nolo. 2020.
- Federal Trade Commission, Shopping for Funeral Services Series, https://www.consumer.ftc.gov/articles/0070-shopping-funeral-services
- Five Wishes, https://fivewishes.org/