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Content provided by Tom Poltersdorf Jr.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Poltersdorf Jr. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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Ep #069: The Top 3 Exit Planning Mistakes and How to Avoid Them

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Manage episode 407119228 series 3557963
Content provided by Tom Poltersdorf Jr.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Poltersdorf Jr. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, I discuss the top three exit planning mistakes business owners make when trying to leave and retire from the business.

These include:

  • Not knowing the true value of the business
  • Waiting too late to plan until being forced to sell
  • Being too personally attached and involved in the business

I'll discuss each of these in more depth and how to avoid them. Enjoy!

-----

We help business owners:

→ Understand the complexity of navigating a business transition

→ Assess their level of preparedness from a financial, tax, and legal perspective

→ Plan for the next chapter of their life

👉 Get Your Free Readiness Assessment!

-----

WANT MORE BUSINESS PLANNING TIPS?

Subscribe to the Business Exit Success Newsletter.

As a thank you, you'll receive a copy of The Freedom Point: A Financial Planning Guide for Business Owners.

Click here to subscribe and grab your free guide.

  continue reading

98 episodes

Artwork
iconShare
 
Manage episode 407119228 series 3557963
Content provided by Tom Poltersdorf Jr.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Poltersdorf Jr. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, I discuss the top three exit planning mistakes business owners make when trying to leave and retire from the business.

These include:

  • Not knowing the true value of the business
  • Waiting too late to plan until being forced to sell
  • Being too personally attached and involved in the business

I'll discuss each of these in more depth and how to avoid them. Enjoy!

-----

We help business owners:

→ Understand the complexity of navigating a business transition

→ Assess their level of preparedness from a financial, tax, and legal perspective

→ Plan for the next chapter of their life

👉 Get Your Free Readiness Assessment!

-----

WANT MORE BUSINESS PLANNING TIPS?

Subscribe to the Business Exit Success Newsletter.

As a thank you, you'll receive a copy of The Freedom Point: A Financial Planning Guide for Business Owners.

Click here to subscribe and grab your free guide.

  continue reading

98 episodes

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