SBA loans have become a popular tool for financing the acquisition of small and mid-sized estate planning firms. Their appeal lies in the ability to secure favorable terms—such as 10–25 year amortization schedules and down payments as low as 10%—which allow more buyers to enter the market and more sellers to achieve clean exits. ForContinue reading “Deal Structuring and SBA Financing for Estate Planning Practice Sales: Part 4 of 6”
Tag Archives: mastermindgroup
Financial Transparency and Performance Metrics for Estate Planning Firms: Part 3 of 6
For estate planning firms, financial health is more than just revenue figures. Buyers assess net profitability, recurring income from trust administration or maintenance plans, and how clearly the books reflect real operations. Clean, well-organized financials provide confidence to buyers, lenders, and brokers alike. To prepare for a sale, owners must produce accurate P&Ls, ideally segmentedContinue reading “Financial Transparency and Performance Metrics for Estate Planning Firms: Part 3 of 6”
Understanding Buyer and Seller Motivation in Estate Planning Practices: Part 1 of 6
In the estate planning field, transitions in ownership are deeply personal and often triggered by changes in lifestyle, health or long-term vision. Many practitioners reach a point where the idea of retirement, relocation or reducing hours becomes more appealing than day-to-day operations. But the truth is, these decisions should not be driven by momentary burnout.Continue reading “Understanding Buyer and Seller Motivation in Estate Planning Practices: Part 1 of 6”
From Chaos to Control: Building a GTD System That Actually Works
We all know the feeling: a cluttered inbox, sticky notes multiplying like rabbits, and tasks slipping through the cracks no matter how hard we try to stay on top of things. For many professionals, “busy” has become a badge of honor—but it often comes at the cost of clarity and control. Enter GTD (Getting ThingsContinue reading “From Chaos to Control: Building a GTD System That Actually Works”
Virtual Peer Group Simulation on 1.21.25: Pre-Register Now!
🚨 Only 10 Spots Available! 🚨 Are you ready to elevate your estate planning law firm? Our limited EPiC Peer Group Simulation is back, but with only 10 spots available, this will sell out fast! 🚀 Why Attend? ✅ Collaborate with high-performing law firm owners✅ Get strategies that increase revenue and efficiency✅ Walk away withContinue reading “Virtual Peer Group Simulation on 1.21.25: Pre-Register Now!”
Virtual Peer Group Simulation on 10.22.24: Pre-Register Now!
🚨 Only 10 Spots Available! 🚨 Are you ready to elevate your estate planning law firm? Our limited EPiC Peer Group Simulation is back, but with only 10 spots available, this will sell out fast! 🚀 Why Attend? ✅ Collaborate with high-performing law firm owners✅ Get strategies that increase revenue and efficiency✅ Walk away withContinue reading “Virtual Peer Group Simulation on 10.22.24: Pre-Register Now!”
Peer Group Simulation—Second Date Added: March 28
Due to the strong response we received to our Peer Group Simulation on March 21, we have closed registration for that session and added a second date the following week! We are accepting a limited number of participants to our second Simulation, to be held 10 a.m.-4 p.m. on Tuesday, March 28, 2023. Nathan W. NelsonContinue reading “Peer Group Simulation—Second Date Added: March 28”
Q3 Meetings Recap: Success with a Side of Sun, Sea and Big Sky Country
Members of three EPiC peer groups, which convene in person on a quarterly basis, met in August for two days of focused analysis, reflection and brainstorming. Each group worked together to solve problems and better their own—and each others’—practices. We can confidently say that Q3 was a home run, given the average meeting score: 9.26Continue reading “Q3 Meetings Recap: Success with a Side of Sun, Sea and Big Sky Country”
Big thanks to WealthCounsel for co-sponsoring a night on the lake with EPiC Peer Groups!
During our Q3 Meeting in August, we enjoyed a night on the lake with 3 of our groups (2 pictured here). Thanks, WealthCounsel, for joining us in sponsoring the night out. We had a blast!
Doctor heal thyself: Prescribe a peer group solution
By Thomas M. Fafinski. Originally published in WealthCounsel Quarterly. “If I have seen further it is only by standing on the shoulders of giants.” —Sir Isaac Newton Does your law firm have a legacy plan? Most law firms are created in the same way that plumbers and electricians start their businesses, but rarely do lawContinue reading “Doctor heal thyself: Prescribe a peer group solution”