Without exception, every owner leaves his or her company. Whether you do it in on your terms depends on the specific actions you take before you leave.

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The questions below will help you determine just how ready you are to leave your business on your terms.

1. Do you know when you want to retire or leave your company? Have you set a date?
2. Do you know what it will take—in cash—to feel confident in retirement?
3. Do you know how much your business is worth today, in cash?
4. Do you know the best way to maximize the income streams in your business?
5. Do you know how to sell your business to a third party and pay the least amount of tax?
6. Do you know how to transfer your business to family members, co-owners, or employees while paying the least possible taxes and enjoying maximum financial security?
7. Do you have a continuity plan for your business if the unexpected happens to you, a key employee or a business partner?
8. Do you have a plan to secure financial independence for you and your family?

If you didn’t answer yes to all of these questions, perhaps we can assist. As a first step we’d undertake a detailed Exit Planning Assessment. We then create an action plan that focuses on the areas that are important to you to feel confident about your future. You stay in control and know that what you’re doing is going to get you to where you want to go.

Knowing what’s right for you and your business when it comes to retirement and exiting your business can be confusing. So if you have questions, we have answers.

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