Tom Moore borrows some life lessons from Kenny Rogers in this article for Professional Adviser that explores the tax options when selling a business
The enduring popularity (in some quarters) of the old song "The Gambler," most famously performed by Kenny Rogers, probably stems from the timeless pearls of wisdom in its lyrics. "You never count your money when you're sittin' at the table…" Kenny sang, and that could be the mantra of any owner of a small to medium-sized business. Aside from the need for good financial management, it isn't helpful, for the entrepreneur, to think too long or hard about the value (at any moment) of the business they are building. There may only be one occasion when that will matter. But for most bu...
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