Business – The Truth About Wealth

Employment Post COVID-19 (Ep. 85)

By thetruthaboutwealth | June 29, 2022

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The COVID-19 pandemic shifted the way industries have conducted business. Many companies shifted to a remote working model.

However, what happens when companies try to get employees that have been working remotely throughout the pandemic to come back into an office setting full time?

In this episode, John and Michael Parise discuss the challenges that employers face post-COVID. They also provide tips and tricks on how to keep employees with companies long-term.

John and Michael discuss:

Why people are settling into one company
How the job market has changed post-pandemic
Why do employees have more power than they did in the past
How technology has shifted the ways business is conducted
And more

Connect with John and Michael:

Looking To Sell Your Business? Here Are Your Options (Ep. 84)

By thetruthaboutwealth | June 15, 2022

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So you’re looking to sell your business.

Remember, you can’t spell succession without success.

In this episode of The Truth About Wealth, John and Michael Parise cover all the options you have when selling your business. John and Michael detail how to determine the right time, the timelines you should follow, and the pros and cons you should consider when looking to sell a family business.

John and Michael discuss:

The importance of having a succession plan for your business
The value of leadership and generational family conversations when you’re looking to sell your business
How to determine if it’s viable to keep your family business
The truth about selling your company to a strategic purchaser or a competitor
What are the benefits of selling your business to your management team
What you should know about employee stock ownership plans (ESOP) and how they can help your succession
And more!

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59. The Plan For Succession in the Family Business

By thetruthaboutwealth | June 23, 2021

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Do you have a succession plan in place for your family business?

In this episode, Michael Parise shares his personal experience with succession planning as the second generation within his family business. He reveals the importance of communication between generations when developing your business succession plan, and how the expectations of each generation can shape the future of your business.

Michael discusses:

How you can create a sustainable succession plan that will keep your business intact through the generations
How the expectations of each generation impacts the succession planning process
Why you need to have open communication between generations in your planning
The benefit of working with outside sources and experts when creating a plan for your family business
And more

Discover what you need to create a sustainable succession plan with Michael Parise!

Resources:

Copper Beech Financial Group: (856) 988-8300 | John Parise | Michael Parise | Investedge | Episode 57