Month: June 2024
Questions Business Owners Should Ask Before Selling (Ep. 3)

Questions Business Owners Should Ask Before Selling (Ep. 3)

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Imagine realizing the lifestyle you worked so hard for won’t be sustainable after selling your business. Today, we review some key questions business owners often overlook before making irrevocable financial decisions.

In this episode of Transition Talks, Josh Ackerman dives into the often-overlooked questions many business owners should ask themselves, or their financial advisor before considering an exit. Through stories that piqued his interest in working with business owners, Josh highlights the importance of understanding your true financial needs and planning early for a smooth transition. 

Josh discusses: 

  • How much a business owner needs to exit
  • Understanding real lifestyle costs before accepting a business sale offer
  • Planning for business transitions early enough that plans can be put in place
  • The importance of planning for a fulfilling life post-business sale
  • And more

By joining Josh Ackerman in this insightful episode, you’ll gain practical advice and thought-provoking questions that can shape a more secure and fulfilling future after selling your business. 

For more advice and to start your transition planning today, connect with Josh Ackerman:

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Inside Context Financial: Guiding Family Businesses Through Change (Ep. 2)

Inside Context Financial: Guiding Family Businesses Through Change (Ep. 2)

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What makes Context Financial uniquely equipped to handle family business transitions?

In this episode of Transition Talks, Josh Ackerman talks about what makes Context Financial uniquely equipped to guide family businesses through significant transitions. He shares the company’s history, founded by his father in 2000, and emphasizes the importance of understanding client context. Josh explains the focus on helping family businesses navigate ownership transitions, whether to the next generation or external buyers. He also highlights the team’s dedication to building trust and understanding client goals from the first meeting.

Josh discusses: 

  • The company origins of Context Financial
  • Context Financial’s focus on helping family businesses prepare for a transition, whether internal or external
  • Why Context Financial’s approach to understanding your business’s unique context can make all the difference
  • The importance of understanding client goals and maintaining trust
  • How clients’ first meeting with Context Financial is a no-pressure, exploratory conversation about your needs and our services
  • And more

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FEATURE
Getting to Know Josh Ackerman: Why Financial Advising? (Ep. 1)

Getting to Know Josh Ackerman: Why Financial Advising? (Ep. 1)

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Are you ready to navigate the complexities of business exits and retirement strategies?

It’s a significant life change that many aren’t fully prepared for. That’s why it’s so important to find and work with an advisor who’s the right fit for you.

Welcome to the inaugural episode of Transition Talks with Josh Ackerman, where he shares his journey of becoming a financial advisor and the motivation behind it. From personal anecdotes about growing up in a financially divided household to embracing his calling, Josh shares his journey into financial advising and the critical lessons he learned. Explore how tailored financial advice, built on a foundation of trust and personal understanding, can lead to a successful client-advisor relationship and business exit or transition.

Josh discusses: 

  • The motivations behind becoming a financial advisor and the journey from selling life insurance to offering comprehensive financial planning services
  • The importance of a personalized approach in financial planning and the dynamics of client-advisor relationships
  • How understanding financial planning from two polar opposite parental viewpoints offers unique insights into dealing with clients
  • The challenges and opportunities in preparing family-owned businesses for transition, encompassing both internal transfers and sales to external buyers
  • Why tailored advice and finding the right advisor-client fit enhances the chance of a successful transition
  • The critical need for early planning in business exit strategies and the potential impact of demographic shifts on business transition trends
  • And more

Connect with Josh Ackerman: 

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