Retiring Your Business pt 4 – Formalize A Succession Plan
When it comes to the steps of retiring your business you may find that formalizing the succession plan is not as difficult as it sounds. You’re a virtual assistant so that makes you a natural planner in one way, shape, or form. Succession planning is simply the process for identifying and developing new leaders who […]
Continue readingRetiring Your Business pt 3 – Create A Personal Financial Plan
It might seem odd to you to create an exit plan for retiring your business before creating a personal financial plan. However, if you do it the other way around you might not see exiting as a possibility. With a plan in place you can create action steps in your finances the same way you […]
Continue readingRetiring Your Business pt 2 – Develop An Exit Plan
Think it’s too soon to begin developing an exit plan? It’s not too soon. However, it could be too late by the time you start thinking about retiring your business. Before you seek the advice of a trusted Certified Exit Planner go in knowing what questions should be asked and answered. There are many reasons […]
Continue readingRetiring Your Business pt 1
Retiring your business doesn’t necessarily mean you have to be retiring. You could be moving onto bigger and better things or this could be part of a sale or being acquired. In these times, even if your business reputation for the future isn’t a priority your planning efforts should be. There are several things to […]
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