Business owners who are expecting to sell their companies to fund their golden retirement years may be in for a surprise. They simply may not be able to sell their businesses when they want to, or get the amount they want from the sales.
Thirty-five percent (35%) of business owners are counting on the sales of their businesses to be financially prepared for retirement. Yet only 17 percent have identified potential buyers for those businesses. This comes from a 2014 comprehensive national study of nearly 1,500 small business owners conducted earlier this year by Guardian.
Don't Expect To Sell Your Business To Fund Retirement
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