Picture your first years in retirement. Things are going great. Days spent playing with the grandkids, sunny mornings on the golf course and leisurely walks on the beach.
However, if you are like many of our clients, you are relying on the sale of your business to fund your own version of nirvana.
The problem is that you are not exactly sure what you will get for the business, or even how long it might take to sell. This can be a little scary for some – there is after all a lot riding on the outcome.
I spoke with Certified Business Coach, Ian Judson, who specialises in helping small to medium sized business owners create more profitable, and ultimately more saleable businesses. He says;
For many business owners, the sad reality is that their business will not be able to realise anything like what they need so they can finish work. When it happens, it can come as a shock!! As a result, many are forced to keep working well beyond the normal retirement age or have to revert to government pensions and the like to top up their retirement lifestyle.
As retirement planning specialists, we believe it is just plain wrong that your future retirement success should be put at risk because you don’t have a succession plan in place.
You’ve worked hard, taken risks, employed people - you deserve a stress-free retirement.
“We are small business owners too. We know what it feels like to be spinning in circles, trying to figure these things out for yourself” says Ian. “I learnt years ago that nobody can build a business alone. Whether it’s a start up or a well-established business, having access to high-quality advice can enhance the organisation and its owners chances of success.”