This Business Is My Life! I Can’t Imagine My Life Without It!
We all know business owners whose belly fires have gone cold and whose animating goals have grown stale. Nonetheless, they hang on to their businesses because they cannot imagine life without going to work. We also know owners who remain energized and involved with their companies until they die. Both types will leave their businesses eventually.
If owners are still passionately engaged with their businesses and happily making a difference in their lives and the lives of others, they should not exist just to exit. However, if the passion that once burned brightly has turned to cold ash, it’s time to act while there’s still time.
To start exit planning only when the end near fails to exploit the majority of exit planning’s benefits.
Exit planning involves building a business plan, cash flow, and resiliency so that the business prospers regardless of who owns it or what that owner’s exit objectives are. Exit planning involves protecting value and minimising taxes, both of which are valuable endeavors regardless of an owner’s specific exit objectives.
Also, it is not the ending it is the beginning of a new chapter with the financial and time freedom
Why wouldn’t you want that?
Contact CapEQ to start the conversation