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Tag Archives: due diligence

Consider These Steps Before Buying a Business

By Bennett Whitlock, CRPC®, Private Wealth Advisor According to the Small Business Administration (“Small Business in the US by the Numbers,” Townsquared, May 14, 2017), there are 28 million small businesses in the U.S. that employ over 120 million people. Purchasing a business comes with numerous financial considerations, so here are five steps to take: Determine the type of business in which you are interested. Common business …

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Understand Your Financial Situation Before Cosigning Your Child’s Loan

By Bennett Whitlock, CRPC®, Private Wealth Advisor To manage new responsibilities, such as a car purchase, rent or college payments, your child may decide to take out a loan or another form of credit. Given their lack of credit history, it can be difficult for young adults to obtain loans without a parent or another adult cosigning the loan. Deciding …

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