“An exit plan asks and answers all the business, personal, financial, legal and tax questions involved in transitioning a privately owned business. It includes contingencies for illness, burnout, divorce or death. Its purpose is to maximize the value of the business at the time of exit, minimize taxes, and ensure the owner is able to accomplish all his or her personal and financial goals in the process.”
– Exit Planning Institute
Sourced through Scoop.it from: vantagegroupinc.com
Solid insight in this article by The Vantage Group in Michigan. Contact EGS to actualize the advice beginning with a courtesy consultation.