Description

When it comes time to step away from your business, choosing the right exit strategy is one of the most important decisions you’ll ever make. In this episode, Jason walks through three common paths business owners consider when selling or transitioning their company:

• Transitioning to key employees – the pros and cons of structuring ownership transfers internally.
• Passing it down to your children – how family legacy plays into business succession and the risks involved.
• Selling to a third party – why this option can provide the most security, but may create tension with employees or family.

Jason shares the advantages, drawbacks, and real-world considerations for each option, along with why careful planning and open communication with your team, family, and advisors is critical.

If you’re a business owner within five to ten years of selling your company, or have recently sold, this episode will give you clarity and perspective on how to approach your exit strategy.

Learn more at Three60wealth.ca

#BusinessExit #SuccessionPlanning #BusinessOwners #SellYourBusiness #FamilyBusiness #WealthPlanning #Three60Wealth