Have you begun to ask the following questions?
- How can I begin to slow down and retire from my business?
- Where do I go to find a successor?
- Will my children run the business when I am no longer involved?
- What do I do to ensure the continuation of the business?
If so, it is time for you to prepare for the single most critically important financial event of your life - your transition out of your business.
Have you made the decision to exit your business?
If so, you need to start planning today by taking the following steps:
1. Fix a departure date.
2. Determine what your financial needs will be at that date. 3. Decide who you want to succeed you. 4. Have your business valued to see if it has a value sufficient to meet your financial exit objectives.
5. Engage an experienced and knowledgeable Advisor to help you prepare a plan that will meet your
personal and financial objectives.
Tools & Resources
