Topic 1: Start a new - setting up financial plan requires a guide
Having a financial plan that is guided by a planner helps to make sure you set your business for up success. Best "free" resource
Build a team, use your resources
You have clear path to financial options such as investors like we spoke about last week
Topic 2: What does it look like to have a financial planner as you look to run your business as a successful owner/entrepreneur
You start to get more clarity on specific goals you want to achieve with your business not just success for the here and now - its the future you want to look forward to
You want to make sure your business is not only profitable (CPA’s and Mentors help in this area) but also making sure your profits can sustain your lifestyle throughout your life
Wrapping this mindset up in a long term plan with your team. Often as owners we put all of our resources, time,money, that we forget planning, diversification, looking for other opportunities. *Boring can be good
Topic 3: Next generation to take control - You have built a great and profitable business but time has come for you turn over control, merge, sell, pass it on?
Do you have your team in place?
Who should take control - family member, your loyal staff or an outside party and does that change the planning
Once you sell it - lets make that nest egg work for you as you worked so hard to get
Many businesses if exit is not planned prior can end in little reward in the end being realistic is the key!
