'Would you tell me, please, which way I ought to go from here? ” Alice asked the Cheshire Cat.
“That depends a good deal on where you want to get to,” said the Cat.
“I don't much care where---” said Alice.
“Then it doesn't matter which way you go,” said the Cat.
~ Alice in Wonderland, by Lewis Carroll
As funny as it sounds, this exchange between Alice and the Cheshire Cat sums up most business owners "road map" to retirement.
Unlike salaried employees, who's primary retirement vehicle is a 401k or IRA, a business owner's primary source of funds in retirement are the proceeds from the sale of their business.
Needless to say, if you are a business owner who does not have a written exit strategy for their business - one that maximizes current profitability while ensuring the highest proceeds on sale - you may find yourself working long into your retirement years, because you lack the resources to retire earlier.
The Stage 2 Business Solution is a collaboration between Ainer & Fraker, LLP, and The Patrick Group, LLC, a world-renowned expert in helping business owners maximize the sale price of their business.
We will help you take an Objective Review of your current business "road map", and then focus on 3 to 5 "low hanging fruit" - actions that you can implement over the next 18-36 months that will radically improve the sale price of your business.
Much like with your estate plan, if you wait until you truly need an exit strategy for your business, it is likely to be too late to do you any good.
Contact us today to discuss how we might help your business succeed today, and in the future.