75% of owners regret exiting their business in the first year. Much of this angst comes from not having a plan to move from CEO of the business to CEO of your next chapter. Understanding what you want in life after business – BEFORE you step away – starts here.
How well your business is prepared for times of uncertainty due to a 5Ds event or outside economic stress is critical to building a legacy. How healthy is your business? Take this 10-minute assessment.
As a business owner focused on the day-to-day operations, it’s easy to lose sight that one day you will no longer be receiving regular distributions. Do you KNOW what income you need to sustain your desired lifestyle for the next 20 to 30 years once the business is no longer there to fund it?