Owning a business is one of the greatest pleasures and accomplishments of your life. You enjoy the freedom it has brought you, the opportunity to overcome its constant challenges, and the lifestyle it has afforded your family.
Every time a business generates an extra dollar of profit, the business’s owner has a choice to make — do you leave that money in the business to reinvest, or receive it personally and take it home?
During 2018, we wrote and published nearly 40 articles, about a dozen webinars, and several eBooks and white papers to help business owners better understand how to prepare for and achieve happy and successful exits.
Many people assume that when the subject of “exit” comes up with a business owner, we are discussing the owner’s retirement. This is not always true, and assuming it is true creates problems for owners, their companies, and their families.