During COVID, a lot of people needed to take a step back and re-evaluate their business plans. But what is it exactly that you should focus on while planning the future of your business?
In this episode, Tim Scannell goes through a list of the 10 most important questions that every business owner should consider while planning their business exit, whether it’s in the near future or several years down the line. He also discusses how you can determine your post-retirement needs, and ways to align your exit strategy with those needs.
You will learn:
- Why you should think about all potential obstacles both at the beginning and towards the end of the planning process
- Tips for maximizing the value of your business sale
- The importance of retaining key employees using incentive plans
- How to ensure a smooth transfer of ownership to your successor – internal or external
- And more!
Tune in now to learn how you can optimize your business exit and earn maximum value to fulfil the needs of you and your family!