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293. Retirement for Business Owners: Selling Your Business or Passing It On
Manage episode 495663539 series 3322284
Whether you're planning to retire, sell your business, or pass it on to the next generation, having a clear succession plan is essential. Unfortunately, many business owners delay this process, putting the value of their life's work at risk. In this episode of the A Wiser Retirement® Podcast, we cover the key steps every business owner should take to successfully transition out of their business. business.
Related Podcast Episodes:
- Ep 283: How to Manage a Sudden Money Windfall: IPOs, Business Sale, or Inheritance
- Ep 247: Why It’s Crucial to Separate Your Business and Personal Assets
Related YouTube Videos:
- Why Business Owners Need an Exit Strategy
- Asset Protection Strategies for Business Owners
Learn More:
- About Wiser Wealth Management
- Schedule a Complimentary Consultation: Discover how we can help you achieve financial freedom.
- Access Our Free Guides: Gain valuable insights on building a financial legacy, the importance of a financial advisor for business owners, post-divorce financial planning, and more!
Stay Connected:
- Social Media: Facebook | Instagram | LinkedIn | Twitter
- A Wiser Retirement® YouTube Channel
This podcast was produced by Wiser Wealth Management. Thanks for listening!
Chapters
1. The Three Ps of Business Succession (00:00:00)
2. Creating Repeatable Business Processes (00:05:27)
3. Succession Planning Options Explained (00:11:06)
4. Family Business Transitions (00:18:43)
5. Building Business Value (00:28:11)
6. Final Thoughts on Business Planning (00:33:34)
305 episodes
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