The Business and the Owner's Wealth Plan Can't Be Separated
A successful exit is about more than finding a buyer.
It means understanding what your business may be worth, what you may receive from a transaction, how your income could change, and what you want your financial life to look like afterward.
It means understanding what your business may be worth, what you may receive from a transaction, how your income could change, and what you want your financial life to look like afterward.
Exit Planning Starts Before the Exit
The months and years before a sale can provide valuable time to understand your choices and prepare.
Questions to Consider Before You Sell
- How does my business fit into my total net worth?
- How much will I need from a sale?
- What could the transaction mean for my taxes?
- Are there estate planning strategies I should consider before selling?
- How should sale proceeds be invested?
- What will replace my business income?
- How much investment risk should I take afterward?
- What do I want the next stage of my life to look like?
Planning Across the Entire Transition
Planning before a potential sale can create an opportunity to better understand your choices and prepare for the financial implications of a transaction.
The Sale of Your Business May Be a One-Time Event. Prepare for It That Way
Years of work may come down to a relatively short period of important decisions.