We define Half-Retirement as enjoying the economic benefits of business ownership without the daily headaches. A Half-Retired business owner maintains their current salary while working two half-days a week. They accomplish the transition from working income to equity...
Retirement can be an intimidating concept for a business owner that raises a great deal of uncertainty. What do you do when you want to retire and still be financially stable? How do you avoid allowing what you’ve worked so hard to achieve fizzle out and how...
If you’re a business owner who is thinking about retirement, then you may be required to restructure your business in order to help it to cope with the changes that your lack of presence will result in. If you fully intend on keeping your business going at full...
Think about your first five years in business. Weren’t they filled with long nights and very hard work? If you think about it, during the first years in business, you are grossly under-compensated. Sure, at some point, you start making a good income, but the fair...
Why are so many business owners delaying the sale of their businesses? No one knows for sure, but it probably has to do with the 44% Rule. What is the 44% Rule? The vast majority of small businesses sell for a multiple of annual earnings. More specifically, they sell...
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