Exit Coach Bill Black interviews Top Advisors for Tips, Ideas & Precautions for Business Owners who want to grow and protect their company value and plan for a successful Business Sale or Transfer. Listen daily so you can be well-planned!
Episodes
Sunday Feb 02, 2014
Sunday Feb 02, 2014
1. You are GOING to leave your business someday. You only have two choices for transitioning:
a. Plan your transition on YOUR terms
b. Let OTHERS plan it FOR you (i.e., family, governments, courts, lawyers, etc.)
2. Most business owners think of retirement as one of two choices:
a. Die at their desk (because they can’t think of anything more meaningful to do)
b. Retire to a boring, meaningless life (i.e. “The Golden Years” our grandparents retirement)
i. We say: no there is a third choice – The Platinum Years℠, a dynamic life, full of purpose and meaning, the best 10,20 or 30 years of life
3. Leaving your business is NOT a “Do It Yourself” project. Depending on the size of your business, you will need at least 4 and as many as 17 different advisors
a. Why? Because the skills and knowledge you have gained to start and run your business, are NOT the same skills and knowledge that you need to leave your business, and you don’t have 20 years to learn them all
Successful Transition
Planning Institute
Paul
F. Cronin
Andover,
MA
978-749-9546
978-697-4380
(cell)
paul@thenexttransition.com
Google+: pfpcronin
Linked-In:
paulfcronin