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What is your plan for retirement? Will you lock the doors and close your business on your last day? Have you considered a successor to carry on your legacy?
In this episode, Tim Scannell takes us through the top 10 questions as a business owner; your financial team should be asking you, especially as you move closer to retirement. You need to surround yourself with the right team that through advanced planning will ensure you get the most out of your years of blood sweat and tears from building your business.
In this episode, you will learn:
- How to address things like wealth enhancement, wealth transfer, wealth protection and charitable giving
- It is never too early to start thinking about your exit strategy
- Do you know the actual value of your business
- And more!
Tune in and learn what steps you can take to make sure you are taking a good look at your business and succession planning!