Episode 3 - Owner-Managed Businesses Part 2: Creating Your Exit Plan
It seems weird to plan an exit strategy for a business you just started, but planning your exit can give you peace of mind and save you time and money when the time comes to leave.
In this episode, Frankie and Sarah continue the owner-managed businesses mini-series and talk about how to exit your business. They cover four topics, starting with the ways to exit your business, the impact each exit strategy has on the price you get for your business, and what some of the tax considerations are. They end it off with other non-tax-related considerations when planning an exit strategy.
Listen in as Frankie and Sarah discuss:
- What the different ways to exit your business are
- How each exit strategy impacts the price of your business
- What tax and non-tax considerations business owners need to make when planning their exit strategy
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