Mercantile Bank’s Post

The world of self managed super funds can be very daunting on your own! Let our team help you navigate it with clarity and knowledge like we did for Dot & Ben. #yourfutureadvice #financialadvisers #SMSF #ilovemysmsf #clarity #happyclients

I had the pleasure of meeting the Bush twins recently at Florida Southern College. Jenna and Barbara were delightful, and it was interesting hearing how they were raised in such unique circumstances, yet they've managed to remain authentic, grounded and humble. #FinancialAdvisor #FinancialPlan #FinancialPlans #financialplanner #financialplanning #financialadvice #financialgoals #financialadvisers #financialadviser #financialadvisors #financetips #wealthmanagement #wealthplanning #wealthadvisor #LakelandFinancialAdvisor #LakelandFL #Lakeland #FloridaFinancialAdvisor #AllenandCompany #AllenAndCompanyOfFL #LPLAdvisors #LPLFinancial 

This article written by my colleague Morgan Gearhart is a wonderful reminder of how we all want to live our best life and leave a legacy. At Argent Financial Group, Inc. it is our company purpose "to impact legacies by serving others." #trustedadvisor #fiduciary #wealthmanagement

A great piece on trust within the family business from Hitesh Shukla Family business historians said trust takes time to build, seconds to lose and forever to restore. The broader objective of this article is to create a generational successful family business on the foundation of trust. #FamilyBusiness https://lnkd.in/ePDq-33J

Always ask the right questions when it comes to SACCOs What is the membership eligibility criteria? What is the historical financial performance? What are the risks associated with investing in this SACCO? How much dividend and rebate does the SACCO pay members? Who are the faces behind the brand and what do they stand for? What is the loan application process and what fees are involved? How does the SACCO ensure compliance with regulatory requirements? What are the current and projected growth strategies of the SACCO? How are decisions made within the SACCO (e.g., governance structure)? What are the exit options for members who want to leave the SACCO? What are the conditions for obtaining loans and the typical interest rates? What is the SACCO's approach to community development and social responsibility? How does the SACCO manage its reserves and reinvestments? Are there any additional fees or charges that members should be aware of? These kind of questions will help you gain a comprehensive understanding of the SACCO's operations #PersonalFinance #Saccos #OwnYourFinancialJourney #Abojani4thEEC24 #EconomicEmpowerment

The complex dynamics in #FamilyBusiness due to the mixture of business and blood! https://lnkd.in/ebzepHED

The complex dynamics in #FamilyBusiness due to the mixture of business and blood! https://lnkd.in/eCidBaqk

Thinking about selling your business? 📈 Here are 3 key points to consider and prepare for: Financial Documentation: Ensure all financial records, including profit and loss statements, balance sheets and tax returns, are accurate and up-to-date. Potential buyers will want to review these documents to assess the financial health of your business. Business Valuation: Determine the true value of your business by conducting a thorough valuation. Factors such as assets, revenue, customer base and market trends will influence the valuation process. Understanding your business's worth is crucial for negotiating a fair sale price. Exit Strategy: Develop a clear exit strategy outlining how you plan to transition out of the business. Consider factors such as timing, succession planning and any legal or regulatory requirements that may impact the sale process. Having a well-defined exit strategy will help streamline the sale process and ensure a smooth transition for both you and the buyer. Ready to sell your business? Our team at Halpin Partners can provide expert guidance and support every step of the way. Contact us today to discuss your business sale goals! 🚀  📞 (07) 4052 0800 🌐 https://lnkd.in/dxEk4CaS  📍 101 Sheridan St, Cairns City QLD 4870 #BusinessSale #ExitStrategy #HalpinPartners

Providing financial literacy and purposefully guiding the next generation is key to preventing the classic 'shirtsleeves to shirtsleeves in three generations' scenario. Many of Alvia’s clients grapple with balancing discipline and indulgence in raising their children, aiming to instil an appreciation for the effort involved in wealth creation. Some Alvia families include their children in the family’s wealth management process early on, fostering a sense of responsibility through education and observation, while others operate a “family bank”, lending money to their kids on commercial terms to encourage financial accountability. At Alvia, we place great importance on trusted, long-term partnerships, thoughtfully selecting clients whose family culture supports the preservation and growth of wealth across generations. As CIO Josh Derrington shares, 'We want to be able to manage the capital through multi-generations. I know if the parents haven’t put the right value set in place, then we are going to be looking for a new client come the second generation.'" Read the full article by Michelle Bowes in The Australian Financial Review. Nathan Robertson, Eddie Barrett https://lnkd.in/gVbyhN4d

Learning Together: Bank of New York's Visit to Exodus As a non-profit organization, it's crucial to learn from others in the sector. Recently, Bank of New York paid a visit to Exodus to exchange insights and ideas on community engagement and leadership. The collaborative session was a success, highlighting the power of sharing knowledge and experiences. By coming together, we can inspire innovation and drive positive change in our communities. Let's continue to foster a culture of collaboration and learning from one another for the betterment of all. What key takeaways do you think non-profits can learn from this visit? How can we further enhance cross-sector knowledge sharing for impactful outcomes? Join the conversation and share your thoughts! BNY Mellon #NonProfitCollaboration #LearningTogether #CommunityEngagement https://lnkd.in/ebJnWjw4