Will Fischtein

TORONTO, ONTARIO, JANUARY 4, 2011 -- Beacon Corporation, Brokerage joined 1% for the Planet (1%), pledging a portion of its sales to support non-profit organizations focused on sustainability.

"Beacon Corporation, Brokerage is a great addition to the network. By signing on to 1%, it shows they’re really walking the walk in their sustainability efforts,” says Terry Kellogg, 1% CEO. “They're using generosity as a tool with which to build their business and enabling valuable environmental work along the way. We're excited to welcome them to the 1% family."

A client of mine was thinking about selling his business (a mid-sized manufacturing firm) and was wondering about what to do about the real estate asset – a large factory and receiving building from which the business operated.

I told him to cash out the real estate now, but continue to run the business until it was time to hand the reins over and retire.