For more information about the author, click to view their website: RTI Wealth Management– Anthony Cisneros
As a business owner, you have the power to shape your future
and leave a lasting legacy. Planning for your exit may seem daunting, but it's
a crucial step to ensure a smooth transition. Whether you're planning to sell
your business, retire, or pass it on to a family member, there are five
essential things you need to know about exit planning. Here they are:
1.
Planning early is crucial. Experts recommend
starting the process 3-5 years before you exit. This will give you enough time
to address any potential issues, increase the value of your business, and find
the right buyer or successor.
2.
There are different ways to transition your
business, such as selling to a third party, passing it down to family members,
merging with another company, or going public. You need to understand these
options to choose the best one for your goals and finances.
3.
Knowing how much your business is worth is
essential if you're planning to sell it. Hire a professional to conduct a
thorough valuation, which will help set a realistic asking price and identify
areas you can improve to increase the value of your company.
4.
Exiting a business is complicated and has legal,
financial, and tax implications. To navigate this process, it's best to
assemble a team of experts, such as an attorney, accountant, and financial
advisor. They can guide you and help you make informed decisions.
5.
It's important to keep your employees and other
stakeholders informed and involved in your exit planning. This will maintain
trust, reduce uncertainty, and boost employee loyalty and commitment.
Planning for the future is crucial for any business owner.
Start early, value your business correctly, build a strong exit team, and
communicate with your stakeholders. Proper planning can help maximize your
financial return, preserve your legacy, and ensure a smooth transition.
Remember, it's never too early to start preparing for the future.
Editor’s Note: This article was submitted by Anthony
Cisneros, CEPA®, CRPC®, AWMA® CRPS®.
Anthony Cisneros is a Wealth Advisor and President of RTI
Wealth Management and holds the designation of Certified Exit Planning Advisor,
CEPA®. He may be reached at
970-236-8800 or by email at
acisneros@rtiwm.com
Securities and investment
products and services are offered through LPL Financial, member FINRA/SIPC. RTI
Wealth Management is a separate entity from LPL Financial.
A nutritious breakfast is beneficial not just for seniors but for anyone at any age. Our bodies need more energy and essential nutrients to stay healthy and strong as we age. Starting the day with a balanced meal can help improve mood, boost stamina, and enhance cognitive function. Senior Helpers shares a few easy and healthy breakfast ideas tailored for seniors and offers tips on making breakfast an enjoyable social activity.Nutrient-Rich Breakfast OptionsSeniors often need to pay closer attention to what they consume. Nutritious breakfast options that are easy to prepare and full of all the healthful vitamins and minerals seniors need are a good place to start. Here are some suggestions:Whole GrainsWhole grains are a great source of fiber and essential vitamins. They help maintain healthy digestion and stabilize blood sugar levels. Try oatmeal with bananas or a slice of whole-grain toast with peanut butter. These breakfasts are simple to put together and offer a warm, satisfying start to the day.Protein-Rich Breakfast Protein is vital for maintaining muscle mass, which tends to decrease as we age. A protein-rich breakfast can help seniors stay strong and energized. Simple options include a hard-boiled egg, a yogurt parfait with nuts and berries, or a delicious omelet filled with your favorite vegetables.Fruits and VegetablesFruits and vegetables contain beneficial vitamins and minerals. For breakfast, consider making a smoothie with spinach, apple, and a small scoop of protein powder, or topping a slice of whole-grain toast with avocado and tomato. These are refreshing ways to get a natural nutrient boost.Addressing Common Dietary NeedsDietary requirements often change as we get older. Here are some breakfast ideas that cater to these needs:Reduced Sodium Reducing sodium intake is often necessary to help maintain healthy blood pressure. Try a bowl of low-sodium cottage cheese mixed with fresh peaches or strawberries for breakfast, or make a flavorful herb omelet using fresh herbs like parsley or dill for tasty and heart-healthy meals.Add Fiber Fiber is the key to healthy digestion and helps prevent constipation, a common issue among seniors. Fiber-rich breakfast ideas include a bowl of bran cereal with sliced bananas or a hearty bowl of oatmeal topped with raisins and almonds. Adding fiber to your diet is an easy way to support digestive health.Include Calcium and Vitamin D Fortified orange juice, a smoothie made with yogurt, or simply a glass of milk alongside your morning meal are great ways to include calcium and vitamin D in your breakfast. These additions help keep bones healthy and should be part of a balanced daily diet for seniors.How to Make Breakfast a Social ActivityBreakfast also provides the opportunity for seniors to connect with others. Eating together can improve mood and reduce feelings of loneliness. Here are some ideas to make breakfast a social event:Plan a weekly breakfast gathering with friends or family.Host a potluck breakfast where everyone brings a dish to share.Organize a breakfast club with neighbors.Try virtual breakfast meet-ups using video calls to chat with loved ones.Join a local senior center for group breakfasts.Senior Helpers Knows the Benefits of a Healthy BreakfastSenior Helpers offers comprehensive, in-home senior care services customized to meet the specific needs of our community's seniors. If you live in the Cheyenne or Laramie areas, don't hesitate to contact us anytime at Senior Helpers Cheyenne. We are here to support you and your loved ones in leading a healthier, more enjoyable lifestyle that includes a balanced breakfast meal.
Osteoporosis is a condition that weakens bones, making them fragile and more likely to break. It is quite common among seniors and can significantly impact their quality of life. Good nutrition plays a vital role in managing osteoporosis and maintaining bone health. Consuming the proper nutrients can help slow down bone loss and may prevent fractures. Senior Helpers explores key dietary strategies to support bone health for seniors dealing with osteoporosis.Essential Nutrients for Bone HealthFocusing on certain nutrients can assist in keeping bones healthy. Here are a few to consider:Calcium Calcium is the primary component of bone and provides the necessary structure to keep bones strong. Adequate calcium is essential for seniors to reduce bone loss, with a recommended 1,200 milligrams of calcium per day.Vitamin D Vitamin D is equally important because it helps the body absorb calcium. Without sufficient vitamin D, even a calcium-rich diet won't be effective. Sunlight is a good source of vitamin D, but many seniors need to rely on diet or supplements to meet their needs.Magnesium Magnesium facilitates the efficient absorption and function of calcium. A deficiency in magnesium can potentially contribute to the risk of osteoporosis and hinder bone health.Vitamin K Vitamin K supports Vitamin D in the body to improve bone density. Green, leafy vegetables are a great source of Vitamin K. It also contains healthy antioxidant properties.Protein Protein helps build and maintain muscle mass, which serves as a framework for supporting bones. It may also promote higher calcium intake and absorption.How to Incorporate Nutrients into Your DietYou can get calcium from both dairy and non-dairy sources. Dairy options include milk, cheese, and yogurt. Fortified plant milk, tofu, and leafy green vegetables, like kale and broccoli, are great alternatives for those who are lactose intolerant or prefer non-dairy options. Consider almonds or a smoothie with fortified milk for a tasty snack. Though sun exposure is a natural way to get vitamin D, dietary sources like fatty fish or fortified cereals can fill the void when sun exposure is not possible. A healthcare provider might recommend supplements. Eat a balanced diet with vegetables, fruits, lean proteins, and whole grains to support bone health and contribute to overall well-being.What Are the Challenges?Eating a nutrient-rich diet can be easier said than done. Seniors often face challenges like reduced appetite or dietary restrictions. Eating smaller, more frequent meals throughout the day increases nutrient intake. Lactose-free products or calcium-fortified food choices can help seniors meet their calcium needs. A healthy weight is essential to lessen the strain on bones. Seniors should consume a balanced diet and stay active to help support weight management. Simple activities like walking or light exercises tailored for seniors can be very beneficial after consultation with healthcare providers.Senior Helpers Can Assist with Meal PlanningSenior Helpers provides comprehensive, in-home senior care services designed with the health and happiness of our community's seniors in mind. If you live in the Cheyenne or Laramie areas, don't hesitate to contact us anytime at Senior Helpers Cheyenne. We are happy to help you or your loved one with meal planning and finding the right foods to support bone health to reduce the risk of fractures and enjoy a better quality of life. Call us today to learn more, 970-367-7014.
Maintaining heart health becomes increasingly necessary as we get older. Throughout our lives, our hearts work tirelessly to support our bodies. In our senior years, it becomes dire that we provide them with the best care possible. A well-balanced diet keeps our hearts healthy. Learn to choose the right foods that can help manage weight, improve cholesterol levels, and lower blood pressure.The Need for Heart-Healthy NutritionTo maintain heart health, certain nutrients are particularly beneficial. Omega-3 fatty acids, commonly found in fatty fish, are great for reducing inflammation and lowering heart disease risk. Fiber, abundant in whole grains and fruits, helps regulate cholesterol levels. Antioxidants, present in various fruits and vegetables, combat damage in the body caused by free radicals. A balanced diet rich in these nutrients can significantly benefit seniors, helping to maintain both heart health and overall well-being. However, seniors often face dietary challenges, such as decreased appetite, culinary limitations, or restricted access to fresh groceries, making it necessary to find helpful ways to incorporate them into the diet.Specific Heart-Healthy Foods to EatIncorporating foods rich in essential nutrients can strengthen heart health. Fatty fishlike salmon and mackerel are excellent sources of omega-3 fatty acids, supporting heart function. Whole grains, such as oats and brown rice, are packed with fiber, aiding in maintaining healthy cholesterol levels. Fruits and vegetables are rich in antioxidants and fiber, making them indispensable to a heart-healthy diet. When shopping, choose fresh, vibrant produce and whole foods. Farmers' markets or grocery stores in the Fort Collins area often have seasonal fruits and vegetables that are both fresh and affordable.Easy Heart-Healthy RecipesAdding heart-healthy foods to your diet doesn't have to be complicated. Below are some simple and nutritious recipes to get started:Salmon Salad: Mix canned salmon with a bit of olive oil, lemon juice, and a pinch of salt. Add diced cucumber, tomatoes, and a handful of spinach. Serve on whole-grain bread for a quick, nutrient-rich meal.Oatmeal With Berries: Cook oats in water or milk. Top with fresh or frozen berries and a sprinkle of nuts for a fiber-packed breakfast.Vegetable Stir-Fry: Saut your favorite vegetables like bell peppers, broccoli, and carrots in a bit of olive oil. Add tofu or chicken for protein and serve over brown rice.These recipes are designed to be straightforward, requiring minimal preparation and cooking skills. Planning meals in advance can also help seniors or their caregivers prepare heart-healthy dishes throughout the week.Tips for Incorporating Heart-Healthy FoodsGradually introducing heart-healthy foods is a manageable way to transform your diet. Swap processed snacks for fresh fruits or nuts, and focus on balanced, smaller portions. Practice mindful eatingtake your time while eating to aid digestion and increase satisfaction. When dining out, opt for grilled, baked, or steamed options, and ask for dressings and sauces on the side to manage portion sizes and sodium intake.Building Heart-Healthy Habits for the FutureAdopting heart-healthy eating habits doesnt have to be overwhelming. With simple changes, seniors can significantly improve their heart health and overall vitality. Choosing nutrient-rich foods and sticking to manageable meal plans can make a lasting difference in well-being.At Senior Helpers Greeley, we are committed to assisting seniors and their families in adopting heart-healthy habits. If you reside near Loveland, Fort Collins, Estes Park, Wellington, or Windsor, contact us for personalized advice and support on maintaining a heart-friendly diet. Let's work together for a healthier heart and a healthier life! For more information, please call 970-344-9486.
Our mission is to grow, educate and prepare our clients for the complexity that life can bring through consultation and education to arrive at individual solutions that fit you and your family.This is accomplished by taking a proactive approach at understanding the lives that each of our clients have. We then become that advocate that can help to coordinate and facilitate communication with tax, legal, and insurance professionals as well as other trusted advisors and often even family members.It is not about the value of your things, but what you value. It is everything that makes you, you. Your stories, the challenges you have overcome, the successes you have experienced, as well as what is important to you. You will have a dedicated advisor surrounded by a team with more than 40 years of combined experience in the industry to walk side by side with you on your journey.