The Decelerator的动态

Estate Advisory is not only about providing advisors with great technology (which Vanilla does, of course ??) - it's also about enabling them with education to ensure they are confident and comfortable discussing estate information with clients. The future of wealth advisory is being developed as we speak. All signs point to estate advisory being an essential (if not foundational) part of that future. With Vanilla's technology and educational platforms - we're ensuring that advisors are ready to become leaders in the future of the industry. https://lnkd.in/gi9EupBy

Using a flexible strategy can help funders stay open. Read our latest blog on how funders can use adaptive strategy: https://lnkd.in/eZv4SsaP

It sounds like a no-brainer, doesn't it? Some simple sound advice from Peter Worn sums it up beautifully ... "Firms should identify what they want to achieve before investing money. Then, firms must decide if they’re going to invest, what is “the outcome” they are looking for and what “the benefit” of spending money on tech is." This is why at Fourth Line Advice Practice and AFSLs can "test drive" our Advice Monitoring and Supervision platform. By doing so, firms and licensees can see first-hand if the solution works for their unique business and experience the benefits the platform has to offer for their unique situation. At Fourth Line, Advice Practice and AFSLs can experience the platform before making any purchase decision by: * Experiencing a live demo of the platform * Test driving the platform by undertaking a complementary pilot program * Analysing the outcomes via a in-depth debrief session with the Fourth Line team, & * Then decide if the solution fits their needs. Simple, targeted, first-hand experience that leads to a more informed decision.

Whether you're… ??Launching ??Selling ??Transitioning … your business, the latest issue of Owner to Owner has something for you. Hear stories from those who've been there before and expert advice on how to navigate the challenges and opportunities at each stage.

Association strategy isn't set in stone—it's always changing. To succeed, associations need to keep adapting. Understand and use these key steps to make sure you're heading in the right direction for the long run. Here's a simple, 7-step guide to association strategy: 1.) Set Clear Goals and Objectives The foundation of any successful strategy is clear, achievable goals. Associations need to identify what they want to accomplish. 2.) Engage Members Members are the lifeblood of any association. Engaging them effectively is crucial for both retention and recruitment. Understanding member needs, preferences, and feedback is key. 3.) Ensure Financial Stability Without financial stability, an association’s goals remain unattainable. Diversifying revenue streams, effective budget management, and financial planning are essential. 4.) Advocate Effectively Associations often need to advocate on behalf of their members. Developing a strong, clear voice on relevant issues is crucial. 5.) Embrace Technology In today’s digital age, associations must leverage technology to streamline operations, engage members, and enhance their reach. 6.) Keep Learning The most successful associations are those that continuously learn and adapt. Keeping abreast of industry trends, member needs, and technological advancements is vital. 7.) Build Strategic Partnerships Forming strategic partnerships can amplify an association’s reach and resources. Collaboration can be a powerful tool for achieving goals. *To learn more association industry insights and join countless other association professionals, sign up for our newsletter today! ?? https://bit.ly/BRMschedule

Some more buzz around the launch of #SoundIncomeAcademy. This time, Wealth Solutions Report covers the news on why we changed our name and kept the same consulting, marketing and coaching services to help #financialadvisors grow their business. Check out the article at https://lnkd.in/g9XA2N6j #financialliteracy #income #wealthmanagement

Grant money is not free. If you spend too much time and too many resources on a single application, it becomes a self-defeating investment. Winning applications for competitive grants require enormous time and effort, and nothing is guaranteed, no matter how worthy your cause. To have a successful grant winning operation, you have to streamline your process: - Calculate the time and personnel cost to prepare a proposal - Make sure you don't have too many people working on the same proposal - Create a process that is easily replicable and applicable to future proposals If you want help from people who are already operating in a streamlined process, schedule a call with us today: https://lnkd.in/ejM55ZNz Read more about streamlining processes here: https://lnkd.in/gYzMhkj9

Tech DD requires a compelling financial model to be successful. So why is it always the last thing submitted, and how do you fix this? https://lnkd.in/eePKcXTK #privateequity #duediligence

The Five Pillars of Business Transition Success ? Did you know that 75% of business owners aged 50 or older plan to exit their businesses within the next ten years? Yet many haven't taken the steps needed to maximize their company's value and ensure a smooth transition. ? The COMPASS Score evaluates five critical areas that determine your transition readiness: 1. Business Strategy: Do you have a clear direction and fully understand what drives the value of your business in the marketplace? 2. Business Operations: Have you built a company that can thrive without you? (Scary, I know, but critical to the success of your people post-transition) 3. Financial Planning: Is your post-exit financial roadmap clear and achievable? 4. Estate & Tax Planning: Have you structured your transition to maximize after-tax proceeds ensure smooth administration for your family? 5. Family Capital & Team: Have you considered how you'll find personal fulfillment after exit, and do you have the right professional advisors in your corner? ? Whether you're planning to exit soon or years from now, we're here to help before, during, and after your transition - from initial planning through transaction execution and long-term wealth management. ?? Check back Friday to learn how businesses are using the COMPASS Score to prepare for successful transitions. ? Source:?Exit Planning Institute's 2023 National State of Owner Readiness Report ? #BusinessOwners #ExitPlanning #WealthManagement #SuccessionPlanning #BusinessTransition

Peter Boumgarden makes several good points that we are also observing. Specifically, that small businesses typically don't think about a transition / exit until its too late to execute one. This is why most small businesses don't sell - they just close the doors one day. Making sure your employees and clients are well taken care of takes significant advance planning and preparation. Regarding the "Transition Tsunami," we are seeing two forces at play: 1. #SilverTsunami - Peter is correct. Owners are aging out and there will be far more people looking to sell than buy. This is both an opportunity and a problem... 2. #TechnologyTsunami - Owners are realizing they now need to be software experts to deliver the kind of experiences their customers expect. Many are choosing to sell or merge with technology centric companies instead of trying to retool their entire business and team.