We work with a lot of business owners, and a common question we get is about creating an exit plan for when they want to retire or sell their business. This type of financial planning often gets overlooked, but it is so crucial to get right.
There’s not a lot of planning in the financial services industry around selling your company. That’s unfortunate, because it’s typically the biggest asset on a client’s balance sheet. Today, we are here to help with this important topic.
On this episode, we’ll share:
- How to figure out what goals you should have for exiting your business. [2:18]
- How to quantify your available resources. [5:43]
- How to focus on your business value. [9:00]
If you have any questions about how you can better prepare for your retirement future, don’t hesitate to reach out to Michael Schulte for help.
He’s a Financial Advisor and Certified Business Exit Planner at WestPac Wealth Partners. His daily mission is to help families and business owners make smart financial decisions so they can live on their own terms for the rest of their lives, regardless of what life events and opportunities come their way.
Call Michael at 702-767-4897 with any of your questions or email michael.schulte@westpacwealth.com.
