All business owners will have to exit their business either through retirement or undertaking a new endeavor. Some will leave it to a successor, while others will sell. Regardless of what you choose to do, it is never too early to start planning.
If there’s one thing that’s certain, it’s life’s uncertainty. While we all hope for the best, as a business owner, it’s important to be prepared for anything. Having an answer to life’s curveballs can help you stay in business, ensure that your legacy lives on, and that your business partners and family are taken care of.