The 7 Biggest Financial Mistakes Made by Successful Entrepreneurs

And What To Do About Them

Business & Finance, Career Planning & Job Hunting, Entrepreneurship, Entrepreneurship & Small Business
Cover of the book The 7 Biggest Financial Mistakes Made by Successful Entrepreneurs by Bruce Frankel, Greenleaf Book Group Press
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Author: Bruce Frankel ISBN: 9781626344389
Publisher: Greenleaf Book Group Press Publication: October 3, 2017
Imprint: Greenleaf Book Group Press Language: English
Author: Bruce Frankel
ISBN: 9781626344389
Publisher: Greenleaf Book Group Press
Publication: October 3, 2017
Imprint: Greenleaf Book Group Press
Language: English

THEY’VE GOT IT ALL WORKED OUT—OR DO THEY?
It seems logical that successful entrepreneurs must have optimized finances. They’ve got the nice house and the boat and the tropical vacation; they must know what they are doing and have the best experts watching out for their interests. Unfortunately, despite their success in business, their finances are often a mess.

As a Certified Financial Planner, Bruce Frankel has seen it all. In his new book, he details the 7 biggest mistakes he’s seen from his clients—successful owners, shareholders, and executives of closely held small to medium-sized businesses—over the years: 

• Choosing the wrong advisor team
• Inappropriate entity choice and structuring
• A shortsighted tax strategy
• Failing to create a business continuity plan
• Inadequate protection from wealth predators
• Following the conventional “wisdom” of Wall Street
• Failing to plan for a business transition

​Frankel explains how, through strategic financial planning and with a team of trusted and collaborative experts, entrepreneurs can protect and grow their wealth for their legacy. After they have transitioned from the business, the company will continue to thrive, and they can ensure that their family—and their community—are properly cared for.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

THEY’VE GOT IT ALL WORKED OUT—OR DO THEY?
It seems logical that successful entrepreneurs must have optimized finances. They’ve got the nice house and the boat and the tropical vacation; they must know what they are doing and have the best experts watching out for their interests. Unfortunately, despite their success in business, their finances are often a mess.

As a Certified Financial Planner, Bruce Frankel has seen it all. In his new book, he details the 7 biggest mistakes he’s seen from his clients—successful owners, shareholders, and executives of closely held small to medium-sized businesses—over the years: 

• Choosing the wrong advisor team
• Inappropriate entity choice and structuring
• A shortsighted tax strategy
• Failing to create a business continuity plan
• Inadequate protection from wealth predators
• Following the conventional “wisdom” of Wall Street
• Failing to plan for a business transition

​Frankel explains how, through strategic financial planning and with a team of trusted and collaborative experts, entrepreneurs can protect and grow their wealth for their legacy. After they have transitioned from the business, the company will continue to thrive, and they can ensure that their family—and their community—are properly cared for.

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