As baby boomers ready themselves for retirement it is important to implement a strategic exit from the business. What does that exit plan look like? For many business owners they have no plan and when they are ready to exit their options become very limited.
Avenue M works with business owners 5-10 years before the time the business owner wants to exit out of the business to develop a comprehensive exit / succession plan. The plan addresses topics of interest to the business owner including: the business, personal, financial, tax issues, estate planning, wealth management, legal and insurance. The plan should address contingencies in the plan related to illness, disability, death or divorce.
A comprehensive exit / succession plan enables the business owner to:
To learn more, give Avenue M a call today to explore a comprehensive exit strategy.
