Even amidst the current economic strains and substantial cut-backs in public and private funding, one organisation has secured some assistance for another year to implement a national youth development programme. “But it was not an easy feat”, says CEO of the Small Business Association, Lynette Holder, who is concerned about the trending lack of support [...]
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Set a target date
Whether it's in two years or 10, establish a specific date when you'd like to leave the business. This creates a tangible goal, with milestones and accountability, that will ensure you stay on track. Keep in mind that while a set date is critical to goal achievement, it can (and ...Secure counsel from a team of advisers
Exit planning requires the counsel of trusted advisers from different disciplines. This team should minimally include your CPA, a business and estate attorney, a financial adviser, and an exit planning specialist who will coordinate the process and create a holistic game plan.Write a plan and review annually
Change is constant. Economic conditions or a myriad of other factors can bring new influences and impacts to your life and on your business. Be proactive and review your exit plan each year with your advisers to determine if any adjustments are necessary.
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