Most business owners initially come to us with two major concerns:
1. My business and my home are my two largest assets — but neither are liquid.
2. I must begin planning for my eventual exit because I don't want to work forever — but how?
These concerns are symptomatic of successful small- to mid-sized businesses that have created value. The challenge is the business is not large enough to employ a layer of management capable of executing a piece of what falls on the owner.
Often, the business owner is the rainmaker and is reluctant to relinquish this function. This creates a very difficult dynamic, as without sales, the business falls apart.
© 2016 Fieldstone Financial