Do you have a plan for how you are going to exit your business?
Are you prepared if the unexpected happens?
Are the people who will “cover for you” during your vacation or an extended emergency prepared to run the business until you return?
Few small business owners can answer ‘Yes’ to all of those questions. What makes the lack of a plan so devastating is that most small business owners have their retirement wealth tied-up by the business. The lack of a plan could mean that your wealth is not as much as it could be.
Visit this page often for helpful information about what you, your team, and your advisers must do when developing an exit strategy.