The Time is Now

Do you have a formal plan to increase the value of your business before it's time to sell? Do you have a formal plan to prepare your successor and ensure the continuity of your business? Or are you one of the 65% of business owners who haven't planned that far ahead?

In its latest study, MassMutual reported that 39% of entrepreneurs expected the leadership of their businesses to change within five years. The vast majority (82%) plan to finance their retirement either through the proceeds of selling their business or collecting dividends from the business after their departure. Consequently, a significant number of business owners are relying on the ongoing success of their business for their future lifestyle.

It is for this reason you need to create a business succession plan to ensure future financial security for you and your family.