Twelve Points Business Advisors

As a business owner, one of the greatest gifts you can give yourself is the gift of knowledge. Ongoing education is critical to the success of your business, no matter what industry you’re in. The Exit Planning Institute is an excellent resource for business owners to build, explore, and master new exit planning skills with online classes taught by industry experts. Visit their website to learn more: https://bit.ly/3C4ZEnD #exitplanning #businessadvising #exitstrategy

Running a business comes with its share of challenges. While business owners often focus on growth, they can’t afford to ignore potential risks – especially cybersecurity threats. Shockingly, only about 50% of small and medium-sized businesses have cyber insurance coverage. Of those with coverage, 43% have policy limits of $1 million or less, which may be inadequate for a major breach. With cybersecurity threats at an all-time high, don’t put your business at risk of an attack. Business owners should be prepared for every scenario, and risk management should be one of your top priorities. Visit our website to learn more about our approach to risk management for business owners: https://bit.ly/47h0CqA Statistics Source: Forbes #businessadvising #businessowners #riskmanagement

"This article captures the journey of many entrepreneurs who find themselves overwhelmed by the daily grind of running a business. Alex’s story is a powerful reminder of the importance of stepping back to focus on long-term goals and strategic planning. The insights provided by Valuation Acceleration and Exit Planning consultants, like those from Planned Value Group and Twelve Points Business Advisors, can be transformative. We help business owners like Alex reclaim their time and drive their companies towards sustainable growth and success. It’s a testament to the value of seeking expert guidance to unlock the full potential of a business." - Dennis Crowley, Planned Value Group Read the full article to learn more: https://bit.ly/3CJUXQa

In today’s fast-paced business world, market shifts are inevitable. Economic changes, evolving customer preferences, and new competitors can shake up your industry’s landscape overnight. For business owners, staying agile in the face of uncertainty is critical—but not always easy. This is where business advising makes a difference. A skilled advisor can help you navigate change with confidence, stay ahead of M&A trends, sharpen your leadership skills, and unlock new perspectives. Read our recent blog post for our insights on this year’s M&A deal activity trends & market dynamics: https://bit.ly/4emFZwZ #businessadvising #businessowners #m&a #mergers #acquisitions

As business owners, we know that growth and innovation are exciting, but without strong financial management and a solid budgeting strategy, even the best ideas can fall flat. Keeping a close eye on your finances isn’t just about crunching numbers—it’s about ensuring the long-term health and stability of your business. According to the Bureau of Labor Statistics, about 45% of new businesses fail within the first 5 years. Failure to research the market and create a solid business plan are common reasons why businesses fail. To learn more about financial management and budgeting strategies to help your business succeed, contact one of our Business Advisors: https://bit.ly/3IXizRu #budgeting #financialmanagement #businessowners #businessadvising

Owning a business comes with its fair share of responsibilities, but it also offers an amazing opportunity to foster resilience and growth. In the spirit of giving back, we’re excited to provide you with resources designed to help you evaluate where your business may need a little extra focus. By identifying these areas, you’ll be able to nurture and strengthen your business, setting it up for long-term success. Read our blog to explore two essential tools you can use to better understand your business and plan for the future: https://bit.ly/4e3A1kd #businessowners #businessadvising #exitplanning #exitstrategy

A positive work culture is not just a “nice-to-have”—it’s essential for sustainable success. Employee engagement and retention strategies are the key to your company’s growth, because when you invest in your team, this results in increased productivity, less turnover costs, and more innovation and growth. Remember to give back to your team this holiday season, and always! Take care of your employees, and they will take care of your business. #employees #employeeretention #businessowners #businessadvising

As we enter Q4, it’s a great time to look at how you can make an impact in the world through philanthropic giving. End of year planning can be a great time to benefit the causes you care about and help yourself or your business by leveraging charitable contributions for tax deductions. Individuals and businesses can deduct charitable contributions made to qualified nonprofit organizations. There are specific limitations on deductions of contributions that are beyond the scope of this note that you would want to review with your accountants. A couple of specific tools to consider when thinking about giving include: ? Donations of cash, appreciated assets (e.g. stocks or real estate), or even business interests, ? Donor Advised Funds – allow individuals and corporations to make charitable contributions while retaining flexibility on the timing of the grants ? Qualified Charitable Distributions from IRAs for individuals that are over 70 ? can be made tax-free from their IRA directly to a charity up to $105,000 per year. The reasons to give are as countless as the potential recipients of your giving. What causes “speak to you”? Reach out to us if you’d like to discuss this topic further: https://bit.ly/3IXizRu #philanthropy #businessowners #businessadvising

Our final Business Owner Horror Story shares a crucial lesson on the importance of 360-degree guidance for business leaders. This cautionary tale features Mark, a tech startup founder, who was laser-focused on rapid growth. His company was thriving, but he neglected long-term planning. True business value isn't just about current profits—it's about creating a sustainable, transferable enterprise. By adopting a 360-degree approach to your business, you'll not only accelerate its value but also be prepared for any exit opportunity that arises. Read our blog to learn more: https://bit.ly/3YhpD3Q #ValueAcceleration #ExitPlanning #BusinessReadiness #360DegreeGuidance

Despite the risks, 65% of small businesses report being profitable, indicating that with the right strategies, success is achievable. Our team of Business Advisors has years of experience helping small businesses create successful, profitable, and sustainable business plans. We offer a range of business value enhancement services to help businesses prepare for their future, along with solutions to accelerate your business growth. Work with us to build a winning business strategy: https://bit.ly/3IXizRu Statistic Source: https://bit.ly/3zRCIHG