Breakfast meeting: Finding a Business Owner’s Freedom Point
When your business makes up most of your net worth and selling it would garner enough money to live carefree for the rest of your life, there’s no financial reason to continue owning your business. You may enjoy the challenge, the social interactions, and the creative process of building a business, but looking strictly at the numbers, and keeping it may be an unnecessary risk.
Every day you retain ownership in your business beyond Your Freedom Point, you are risking your freedom. Join us for this session to figure out how to calculate your freedom point and learn everything you need to know about the topic.
Learning Objectives
By Attending this Session attendees will….
- The attendee will learn the four phases of Business Exit Planning
- The attendee will learn how to differentiate, compare and contrast Business Exit Planning, Business Succession Planning and Business Continuity Planning
- The attendee will learn how to calculate the formula f(RS + NBSP) = RF, where RS is Retirement Savings, NBSP is Net Business Sale Proceeds, and RF is Retirement Funding