Selling your business? Have a retirement backup plan

By developing an exit plan years in advance of an actual sale, there's a better chance you'll achieve your retirement goals.

Selling a business: Income planning before the sale

Having a backup plan in place when selling a business could lower the risk of not being able to exit when and how you want to. “Business owners ...

Will Selling Your Business Fund Your Retirement? | Exit Planning

Know the Value of Your Business · Start and Fund a Qualified Retirement Plan · Take Advantage of Other Tax-Efficient Investing Options · Purchase the Real Estate ...

Retiring as a Small Business Owner | Clarity Capital Partners

Many small business owners invest funds back into their business to promote growth, but you should consider saving at least a small percentage of your revenue ...

Planning for the future of your business | Northeast Transition Initiative

An exit plan is a documented process for how to sell a business for a fair value, while securing the retirement income needed.

How To Make A Plan To Exit Your Business On Your Terms

If you are a business owner, being prepared for your inevitable exit from your business is crucial to a successful retirement. By making these ...

Retirement Planning with the Proceeds of a Business Sale

You may want to consider life insurance for this role. If they have children, be sure those offspring are already accounted for in estate ...

Five Steps For Planning For Retirement While Owning A Business

Keep Updated Financial Records: When retirement is approaching, it is also important to have a proper valuation of your business. If you're ...

Should Retiring Business Owners Sell or Keep Their C Corp

Business Transitions: Sell or Keep Your C Corp as a Retiring Business Owner? · Retire and maintain ownership · Transfer ownership in a family ...

Planning Your Exit for Long-Term Success - MBE CPAs

Even without a definitive timeline to sell, it's wise to initiate the exit strategy early on. Engaging with your management team early enhances the value of ...

Retirement Plans for a Small Business Owner

As you plan for retirement, you need to have contingency savings for your business to ensure you can keep operations going even when you lose a client, when ...

Selling Your Business To Help Fund Your Retirement | SSA

The blog post titled “Selling Your Business To Help Fund Your Retirement” is a true gem for anyone who finds themselves at the crossroads of ...

Exit Planning Strategies for Construction Owners—Selling Internally

If you plan on retiring from your construction or contracting business, it's crucial to have a clear exit strategy for how you will sell and ...

Business Owners: What 'Paying Yourself' Should Mean, but ...

... plan, we find that many business owners have no strategy for retirement. ... backup plan, then at least to supplement your retirement income. The truth ...

Is It Time to Sell Off My Business and Retire? - nancyrubin

Selling up and retiring can be rewarding if you plan it right – you'll have time to do all those things you always meant to do – but it's still ...

How Small Business Owners Can Prepare for Retirement | CO

Once you know where and how you want to invest your money, you need to figure out the ideal amount to set aside for your future. Prentke English ...

Owner-Only 401(k) Plan: Possibly Your Best Retirement Option

Look at a 401(k) plan as an investment — perhaps a sounder investment than your business. The money you contribute will be eligible for ...

Planning to fund your retirement by selling your business? Read this.

A lifestyle business generates good income for the owner but that doesn't necessarily mean it has transferable value to a potential buyer.

Three Retirement Backup Plans You Need to Have - Lifehacker

You might consider making a plan for “unretiring” and heading back into the workforce to amass more savings if you need to. Since you can't ...

How to plan for retirement when you're self employed - unbiased.com

Some business owners simply don't plan on retiring, or say they'll sell their business to fund retirement, but it's foolish not to give yourself ...