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financial readiness

How can you enhance your financial readiness?

Submitted by Business Owner Succession Strategies | Edina, Minnesota on July 24th, 2022

As you may know, Exit Planning includes “financial readiness.” A well thought out plan addresses how much you will need in retirement. We just had our Freedom Point deeper dive webinar this week and we talked about how to calculate your Freedom Point.

 

Tags:
  • Business Owner
  • Exit Planning
  • financial readiness
  • Retirement Planning
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The 8 Exit Strategies for Business Owners

  1. Transfer the company to a family member.
  2. Sell the business to one or more key employees.
  3. Sell to employees using an employee stock ownership plan.
  4. Sell to one or more co-owners.

What are the other 4?

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Edina | ​Eden Prairie | Bloomington | Minneapolis | St. Louis Park | Hopkins

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  •   8000 W 78th St, Suite 415, Edina, Minnesota 55439
  •   952-222-BOSS
  • mark.hegstrom@businessownersuccessionstrategies.com 
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