What is a Graceful Exit?

What is a Graceful Exit?

Business Valuation, Exit Planning, Retirement

Every business owner needs to exit their business gracefully. Traditionally, that would equate to selling the business, transferring it to a child or employee, or an ESOP. All of these methods abruptly end the owner’s involvement in the business and their income...
How do business owners retire?

How do business owners retire?

Exit Planning, Retirement

An introduction to clever retirement for business owners Although the thought of retirement might be something that you don’t want to be considering right now, it is an inevitable stage of life that you need to be prepared for – especially if you are a business...
Will choosing a successor help you to retire?

Will choosing a successor help you to retire?

Exit Planning

What is a successor during Half-Retirement™? In Half-Retirement™ terms, a successor may not be the person that will step directly into your place when you are gone or less available to your business. A traditional “successor”  is an individual able to take control and...
The Cost of Delaying Half-Retirement

The Cost of Delaying Half-Retirement

Concepts, Exit Planning

Maybe your life is different than mine? As a business owner, I always feel like there are 50 things to do and time to do only ten of them. I have been known to say, “I will/should do XYZ,” and never have the time to get around to it. Fortunately, most business...
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