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Ep #090: 10 Critical Areas Impacted By Your Business Exit

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Manage episode 419568240 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, we explore why establishing an exit strategy is not just wise but necessary for the wellbeing of both the business and the business owner. Despite the excitement of daily operations and growth, many small to mid-sized business owners overlook the necessity of exit planning. Without a solid plan, the impact of an exit can ripple out and affect everything you've built.

We dive into ten critical areas impacted by exiting your business, from personal financial security to company culture and family dynamics. We discuss the importance of planning your exit strategy at least five years in advance to ensure a smooth and successful transition.

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We help business owners:

→ Assess their level of owner readiness to exit from a financial, tax, and legal perspective

→ Craft a wealth plan to exit comfortably and with confidence

→ Plan for the next chapter of their life

👉 Get Your Free Readiness Assessment!

-----

WANT MORE BUSINESS PLANNING TIPS?

Subscribe to the Newsletter!

As a thank you, you'll receive a copy of my free eBook, "Exit & Succession: How to Increase Business Value & Prepare For a Sale or Succession."

Click here to subscribe and grab your free guide.

  continue reading

99 episodes

Artwork
iconShare
 
Manage episode 419568240 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, we explore why establishing an exit strategy is not just wise but necessary for the wellbeing of both the business and the business owner. Despite the excitement of daily operations and growth, many small to mid-sized business owners overlook the necessity of exit planning. Without a solid plan, the impact of an exit can ripple out and affect everything you've built.

We dive into ten critical areas impacted by exiting your business, from personal financial security to company culture and family dynamics. We discuss the importance of planning your exit strategy at least five years in advance to ensure a smooth and successful transition.

-----

We help business owners:

→ Assess their level of owner readiness to exit from a financial, tax, and legal perspective

→ Craft a wealth plan to exit comfortably and with confidence

→ Plan for the next chapter of their life

👉 Get Your Free Readiness Assessment!

-----

WANT MORE BUSINESS PLANNING TIPS?

Subscribe to the Newsletter!

As a thank you, you'll receive a copy of my free eBook, "Exit & Succession: How to Increase Business Value & Prepare For a Sale or Succession."

Click here to subscribe and grab your free guide.

  continue reading

99 episodes

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