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Business Growth Trajectory
Progression from initial investment to near-million dollar revenue.
Primary Sources
Government's inheritance tax changes 'act of self ... - Business Live
Big interview: JW Lees MD says Government needs to give more backing to hospitality05:00, 13 Apr 2026Updated 07:55, 13 Apr 2026The first cask pint of Boddingtons was poured in Manchester, by JW Lees boss William Lees-Jones at the Founder's Hall on Albert Square in September(Image: JW Lees)The Government’s inheritance tax changes are an “act of self harm” that will stop family firms growing and creating jobs – that’s the stark message from JW Lees boss William Lees-Jones as he pushes ministers to reverse their decision.JW Lees is one of Britain’s best-known brewers and a North West family business stalwart, now in its sixth generation. But like many family businesses, it will be affected by this month’s changes around rules to inheritance tax which he and fellow leaders say could stifle investment and even lead to the break-up of some businesses.That comes on top of other rising costs faced by so many other hospitality businesses, including business rates, the rising minimum wage and the volatile energy prices of recent years.William, managing director at Middleton’s JW Lees, has been speaking out on behalf of family businesses for years – particularly in the pandemic. Now he’s speaking out again, this time about the pain these latest changes could cause.He’s also warning that unless the Government moves to support hospitality then businesses like his might have to cancel planned investments that would create jobs and improve their communities.He told BusinessLive: “JW Lees will survive, because we'll do whatever it takes, but in the short term it means less investment, less job creation, more short-term survival tactics. And that for me is an act of self-harm by a British government at a time when the government was elected on the principle of growth.”The Government in 2024 announced plans to reform Business Property Relief (BPR) and Agricultural Property Relief (APR), which offered 100% relief from inheritance tax for qualifying business and farming assets. Those reliefs were used to pass assets from one generation to the next.The plans were watered down in December after a campaign led by farmers, with the tax threshold raised from £1m to £2.5m. But large family firms will still see much bigger tax bills when they are passed down through the generations.As William told City AM recently, even with the raised threshold, “£2.5m doesn’t even buy you a decent pub”. And JW Lees has 138 of them.Should council leaders have to buy their own town hall?William...
I Was Laid Off in 2020. My Uncle's Inheritance ... - Business Insider
I used an $80,000 inheritance from my uncle to start a business. Years later, we're approaching $1 million in revenue. As told to Kelly Burch You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Steph Mahon started her business with her inheritance. Courtesy of Jonathan Grassi 2026-04-18T12:58:01.238Z Steph Mahon used an inheritance to start her real estate firm after getting laid off. The money allowed her to hire and scale more quickly. Like her uncle, she's child-free and plans to leave her estate to her nieces and nephews. This as-told-to essay is based on a conversation with Steph Mahon, founder of Dwell New Jersey, a Compass Real Estate group. It has been edited for length and clarity. When I made it through the initial months of the pandemic working in luxury retail, I thought I was safe. I even spent some money on renovating my deck and outdoor space at home. I was stunned when, in September 2020, my position was eliminated.My career goal had always been to climb the corporate ladder. I'd been doing that over the previous 20 years, and I was proud of the role I held. Having that taken away stung.That weekend, my parents mentioned that they'd always thought I'd be good at real estate. I'd never been interested in starting my own business. I didn't want to be a real estate agent because I thought the market was saturated. Yet, I suspected my parents were right: I would be good at it.My uncle died the same month I was laid offThe same month that I was laid off, my uncle Eddie died. We knew he was going to, but it still makes me cry nearly six years later. My uncle, my dad's little brother, was a man of few words. His only indulgence was his Jaguar, which his lady friends loved. For the most part, he lived simply and saved. He didn't have kids of his own, but he cared deeply about leaving something for the next generations — my two siblings and me.When he was in the hospital, we had an unspoken understanding that when he died, I would sell his home and use the money toward my business. A few months later, his house became my first sale. Between the proceeds and other inheritance, he left me about $80,000.I used the inheritance to make my first hireAfter about a year of selling real estate, I knew I wanted to create my own business. I'd learned enough about the industry to see how I could differentiate myself in a busy market by providing high-touch services that help clients buy back their time. In...
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WWE Hall of Fame ceremony start time: Stephanie McMahon leads ... - MSN
In addition, the streamer's second-quarter revenue guidance "implies a deceleration to 12 percent foreign exchange-neutral year-over-year growth from the first-quarter's 14 percent, further ...
