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Simple Steps for Exiting your Business: Part 1 – Succession Planning
Wednesday, August 10, 2022 @ 10:00 am - 11:00 am
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 RepresentativeJeremy Cook, Certified Financial Planner