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Financial planning and wealth management cannot be done room-by-room or even floor-by-floor. It’s needs a solid foundation and a clear blueprint before you can begin implementing tactics products. Our Complete Financial Advice considers your entire financial house.
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Monday Jun 17, 2019
Episode 43 - How to Make Your Business Sellable — With Albert Hakim
Monday Jun 17, 2019
Monday Jun 17, 2019
Your business is likely the largest illiquid asset you own. Have you considered how you will turn it into a liquid asset so you can use it for retirement planning?
Here to shed light on selling your business is Albert Hakim, a Certified Merger and Acquisitions Advisor with Kensington Company. Today, Albert speaks with host Larry Heller about what business owners can do to become exit-ready and how they can make their businesses attractive to buyers.
In this episode, you’ll learn:
- Why an owner’s insistence on wearing all the hats in their business may make it unsellable
- Why Albert believes it’s a sign of trouble if a business owner can’t take six months off
- Examples of how business owners increased their valuation
- Ideas for practices to adopt now that will make it easier to sell later on
- Examples of what may attract acquirers to a certain business
- And more!
Tune in now to learn how to make a smooth business exit so you can retire right!
Resources: Heller Wealth Management | Kensington Company | Albert@Kensingtoncompany.com: (516) 626-2211
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