Getting Out of Business
Whether it’s time to retire or just to move on, at some point you may be ready to leave your small business. Fortunately when that time comes you have a variety of options. For an overview, watch the Getting Out of Business Video Then be sure to check out the articles below with information specifically for business owners.
Retirement Planning - Learn the basics of planning for retirement in this article. It also covers the differences between retirement accounts including the SIMPLE IRA, SEP IRA, and Solo 401(k).
Investing - Wise investments can be the key to reaching your retirement goals. Learn more about strategies for investing in this article.
Transferring Ownership - This article covers key things that you should consider in advance in order to make a successful ownership transfer down the road.
Passing It On - Mixing business and family can be tricky, and even more so when a family member will be taking over the business. Read about steps you can take to ensure smooth family relations before you pass your business on.
Selling Your Business - This article suggests some steps that you should take if you’re planning to sell your business in the future.