Aligning Financial Planning to Exit Strategy (OF1)
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Manage episode 157462809 series 1222478
It is critical for business owners to align their personal and family goals with their financial and business goals. That means business owners need to sync their financial planning with their exit strategy. It is not unusual for a business owner to have a significant majority of their net worth tied up in their company, which can lead to a variety of financial, legal, and legacy issues. In this podcast Gower Idrees, CEO of RareBrain, explains what some of those issues are and offers insight into how a business sale could materially, and potentially negatively, impact your current financial picture and future retirement plans.
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