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Ep #116: Five Changes Business Owners Wish They Made At Age 60

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Manage episode 474873927 series 3557963
Content provided by Tom Poltersdorf Jr.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Poltersdorf Jr. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Are you ready to sell your business and retire? Get your free assessment: https://beyondyourexitwm.com/free-readiness-assessment

Get the Free Exit & Succession Guide: https://beyondyourexitwm.com/exit-succession-ebook

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If you’re a business owner in your 50s or 60s thinking about selling your company, this is for you. After working with tons of business owners as a Certified Financial Planner and Exit Planning Advisor, I’ve seen a pattern. People hit retirement and suddenly wish they had made a few key moves way earlier.

Today I’m sharing the top 5 things business owners consistently tell me they wish they’d done at 60, so you don’t make the same mistakes.

Here’s what we’ll cover:

  • Why guessing your business value could cost you millions
  • How saving outside your business gives you way more flexibility
  • The tax planning moves that can save you a fortune (but take years to set up)
  • What to do now so you don’t feel lost after you sell
  • How to avoid family drama by getting everyone on the same page early

Selling your business is a big deal, financially and emotionally. These lessons come straight from the real-life experiences of other owners who’ve been through it.

-------------

Are you ready to sell your business and retire? Get your free assessment: https://beyondyourexitwm.com/free-readiness-assessment

  continue reading

118 episodes

Artwork
iconShare
 
Manage episode 474873927 series 3557963
Content provided by Tom Poltersdorf Jr.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Poltersdorf Jr. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Are you ready to sell your business and retire? Get your free assessment: https://beyondyourexitwm.com/free-readiness-assessment

Get the Free Exit & Succession Guide: https://beyondyourexitwm.com/exit-succession-ebook

--------------------

If you’re a business owner in your 50s or 60s thinking about selling your company, this is for you. After working with tons of business owners as a Certified Financial Planner and Exit Planning Advisor, I’ve seen a pattern. People hit retirement and suddenly wish they had made a few key moves way earlier.

Today I’m sharing the top 5 things business owners consistently tell me they wish they’d done at 60, so you don’t make the same mistakes.

Here’s what we’ll cover:

  • Why guessing your business value could cost you millions
  • How saving outside your business gives you way more flexibility
  • The tax planning moves that can save you a fortune (but take years to set up)
  • What to do now so you don’t feel lost after you sell
  • How to avoid family drama by getting everyone on the same page early

Selling your business is a big deal, financially and emotionally. These lessons come straight from the real-life experiences of other owners who’ve been through it.

-------------

Are you ready to sell your business and retire? Get your free assessment: https://beyondyourexitwm.com/free-readiness-assessment

  continue reading

118 episodes

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