Every day we see business owners who want to retire, sell their business or leave it to their kids, but they are usually not ready. They don’t know what their business is truly worth or how to smoothly transition out of the business.
In my new book Exit Insight: Getting to “Sold!”, published by Merrell Publishing Company, I offer a thorough case study and explain the principles behind it including business valuation, personal financial analysis and exit planning.
To use the book effectively, I recommend that you read the case study first. Then read about the principles that are applicable to your situation. For example, let’s say you want to focus on doing a thorough personal financial analysis. After you reading the Kendalls’ case study, flip to Step 2 which begins on 146. It covers goal setting, taxable and non-tax estate planning, insurance planning, tax planning, investment planning and real estate planning.
I’ll post insights from the book on our blogs periodically, but if you are ready to learn more about exit planning now, you can buy our book on Amazon here.
And as always, I welcome your feedback and questions. Call me at 206-386-5455 or email me. I’d love to help you on your path to getting to “sold!”
To your wealth,
Joseph M. Maas, CFA, CVA, ABAR, CM&AA, CFP®, ChFC, CLU®, MSFS, CCIM
President of Synergetic Finance
Author of Exit Insight: Getting to “Sold!”
