My business is worth so much money. I've had this conversation with business owners throughout my career. When you built something from scratch, your valuation of that is so important to you. Now sometimes, the value you have in your head doesn't exactly match the value in the market. So, when we're building a retirement plan for our clients who are business owners, I always minimize the impact of selling the business.
I am not a professional business evaluator, so trying to come up with a value on what someone will pay for it is usually a little abstract. So, we usually build our retirement plans without putting a huge focus on the sale of the business. That way, if something changes, it's not a significant part of the equation. Building a plan for your retirement is important. We want to consider everything.
Having the weight of some lofty valuation in the equation for your business sometimes doesn't always work out. So quick thought for the night. If you have any questions, there's a link in the in the post, and you would be able to reach out to us. We'd love to talk to you. Thanks.