If you had to sell your business tomorrow, would you know what it is really worth?
For many business owners, their business is a significant part of their retirement plan. Yet its value and transferability can be affected by risks they may not have considered. Having clarity on where the business stands today can make all the difference when preparing for what comes next.
In this episode, Jerome, Business Exit Special at Providend, shares with Ray, Senior Client Adviser, how he uses a three-step framework to guide business owners in identifying and mitigating common risks that could affect the value and transferability of their business. By addressing these areas early, business owners can prepare for any potential outcome and make decisions from a position of strength.
Music courtesy of ItsWatR.
The host of this show is Ray Zheng, Senior Client Adviser at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.
For more related resources, check out:
1. Business Exit Planning Case Study: Common Mistakes to Avoid
2. Navigating Your Business Exit Plan Successfully
3. 3 Key Lessons for Business Owners: Avoid These Exit Planning Pitfalls
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