Posts Tagged ‘financial security’

Business Valuation - Why You Need to Know What Your Business is Worth

We’ve talked about some important steps in developing a successful business exit plan: Setting a tentative Departure Date so that Advisors can put all planning efforts in context;  assessing your post-retirement financial needs because meeting them is a key measure of your Exit Plan’s success; choosing a successor to give structure to your Exit Plan. Keep in mind, it is not [...]

Why is Business Valuation so Important?

 
Maximize what you get and minimize what the IRS takes.
We talked about setting your “end game” objectives as an important step in mapping your business Exit Plan. Remember, if you don’t know where you’re going, any map will do. Equally important is the starting point. If you don’t know where you are…a map won’t help. Valuing [...]