Business Planning

Businesses

Impact Financial Advisors, Kiplinger's Personal Finance and Mutual of Omaha Investor Services, Inc. are not affiliated.

6 Questions Every Business Owner Should Have an Answer for:


  • Do you want to transfer your business at retirement or keep it until death?
  • If you leave at retirement, do you need your business to provide your retirement income?
  • How much income will you need to provide the lifestyle you want in retirement?
  • If you are keeping the business until death, do you know who you want to transfer your business to? Is that person ready, willing and able to buy and manage the business?
  • How much is your business worth? Could you sell it for that amount now?
  • Can you transfer your business to a family member and still be paid the income you need?



If you answered "I don't know" to any of the questions, we can help you develop a well-thought-out exit plan.