The Western Perspective seeks to support business owners as they navigate the challenges of running a successful enterprise while optimizing for long-term success.

Capital Gains and Your Business

The Outlook For 2025 As We Approach This Year’s Presidential Election The capital gains tax currently remains at 20% despite efforts to double it in 2021. However, the topic gains renewed importance the closer we get to November 5th, 2024 – election night. Should the Democrat Party successfully defend its hold of the White House […]

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The After-Tax Value of Your Business Could Drop 25%

In 2021, President Biden proposed a near doubling of the federal capital gains tax rate from 20% to 39.6%, sending shockwaves through the business community [1]. While President Biden’s plan ultimately was blocked by the slimmest of margins in the Senate, there’s a reasonable risk that a similar or pared-down package of tax hikes will […]

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Not A Process

Western does not run your business through a “process.” If you want the cookie-cutter approach, you can think of a chicken factory. An egg goes in, and a chicken comes out – there’s a process. The way many businesses are sold is through a broad auction process. This involves taking a company’s most delicate financial […]

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The Strategic Role of Estate Planning in Business Succession

Estate planning considerations can be a driving force behind business owners’ decisions to sell their company, introducing a complex interplay of financial, personal, and legacy factors. One primary motivation stems from the desire to efficiently transfer wealth to heirs. Business owners often view the sale as an opportunity to liquefy their assets and ensure a […]

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A Brighter Light

When someone is contemplating selling their company, it’s literally going into the dark night, hoping to find that brighter light. They are looking for a whole host of things, but most people want their lives to be better afterward than before. Business owners have a lot of things that keep them up at night in […]

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