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Exit Strategies for Business Owners
After years spent launching and growing your business, the day will finally arrive when you can sit back and enjoy the fruits of your labor. But, just as starting your business involved hard work and planning, the process of exiting...
An Intriguing Exit Strategy for Today's Business Owner
One of the more difficult challenges facing a business owner is the formulation of a viable and economically beneficial exit strategy at retirement. Typically, the main goals of such an exit strategy are:
Investing in your own business makes sense; many businesses achieve significant growth each year. However, when you consider that many small businesses fold every year, it becomes clear that banking your retirement solely on the...
If you’re a small business owner, you’ve invested a great deal of time and effort into building your company. With day-to-day demands, it may be difficult to imagine your eventual transition into retirement.
When developing a succession plan for your business, you must make many decisions. Should you sell your business or give it away? Should you structure your plan to go into effect during your lifetime or at your death? Should you...
Women: What You Should Know When Starting a Business
According to the National Association of Women Business Owners, there are 11.6 million women-owned businesses, employing nearly 9 million people and generating $1.7 trillion in sales in 2017.1 Many of these businesses started small,...
