Putting all your eggs in one basket is never a good idea. But that’s exactly what many business owners do. They invest everything they can into their businesses and hope that they will be able to sell the business for a decent price when they retire.
Unfortunately, there is no guarantee that this will happen or that the funds realized from the sale will be sufficient to allow for a comfortable retirement.
Every business owner needs to plan
- What if you become ill, suffer an injury or experience a sudden slowdown in business?
- Will you have investments that can tide you over?
- Have you extracted enough value from your business to match the lifestyle you want to lead in the future?
By being prepared can protect your financial future & lifestyle today and tomorrow.