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Business Exit Planning!
BUSINESS EXIT PLANNING
Exit Planning is more than thinking and talking. It is taking the action necessary to enable you to reach all of your Exit Objectives. These objectives include leaving your business when you choose, to the successor you choose, for the amount of cash you desire while paying the least amount of taxes.
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January 15, 2021 By Business Exit Planning in Exit Planning
Is a Family Transfer Right for Your Business?
When planning for the future, you have a wealth of options related to who should continue to run your business. Many business owners’ plans fall short because they are unaware of the many options they have available to them and the pros and cons of each path. One common exit path is a family business
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By Business Exit Planning in Exit Planning
What Have We Learned?
It is safe to say that this year was full of surprises. Some businesses thrived, while in other areas jobs were lost, companies were forced to go under, and we even lost loved ones along the way. Many businesses were affected by the pandemic in some way or another. According to a survey conducted by
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By Business Exit Planning in Exit Planning
Keep Your Family Intact with Proper Estate Planning
It can be difficult to consider what will happen to your business and your family if you die unexpectedly. Without proper planning, you could be leaving your family and/or key stakeholders in a huge mess. Proper planning allows you to keep your business on the right path even after an unexpected tragedy leaves you unable
20M
Over 20million businesses in operation
20%
Have a written plan to transition ownership
81%
Of owners want to stop working in the next 10 years. *
* Source: Business Exit Institute, Exit Planning Solutions, 2020