If you own a business, you’ve always got a lot on your mind. But no matter how busy you are today, you need to think about tomorrow. Specifically, you’ll want to create an exit strategy for the day you want to move on from your business to a new phase in your life.
To develop this strategy, you’ll need to address these key questions:
• How much do you need (or want) for your business? Ideally, you’ll want the sale of your business to meet your retirement and estate-planning goals.