Business Owners
Business Owners: Plan Your Exit Before You Need One For many business owners, the company is more than a source of income—it is often the largest asset on their personal balance sheet. Yet too many owners wait until a sale, retirement, health event, or unsolicited offer is imminent before thinking seriously about succession. The most important financial advice for a business owner is simple: begin exit and succession planning years before you expect to leave the business. A well-designed plan can help strengthen the company, improve its appeal to potential buyers or successors, reduce avoidable risks, and clarify whether the eventual proceeds will support the life you want after ownership.
