The statistics on businesses surviving through multiple generations are disconcerting. Just making it to the second generation is a milestone event for a business. That may be because few business owners put plans in place to help ensure a seamless transition of their businesses when the time comes. That includes planning for both a voluntary exit, such as retirement, or involuntary exit, such as death or disability. Simple Steps for Exiting your Business: Part 1 – Succession Planning reviews the things you may want to consider when putting a business succession plan in place. Understand your exit options Know the true value of the business* Select and prepare your chosen successor
Speaker(s): Jonathan Mabb, Financial Services Representative Jeremy Cook, Certified Financial Planner
Fee: No Cost
