10 Questions EVERY Business Owner SHOULD Be Able To Answer

10 Questions EVERY Business Owner SHOULD Be Able To Answer

James Roberts, CFP?, CExP? James Roberts, CFP?, CExP?

James Roberts, CFP?, CExP?

Wealth Management | Exit & Succession Planning | AI | Financial Analytics | Maximized Wealth & Joy | The Intentional Way Process | Define Your Best Life | Start Living It

发布日期: 2016年4月25日
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If you are a business owner and you cannot answer the following questions rather quickly, it's time for you to start planning for your business and your future.

1. How do you envision your involvement and role in your business changing or evolving in the future?

2. What do you believe is your greatest challenge when think about planning for the future?

3. What planning ideas or strategies have your other advisors given you to prepare for future ownership of your business?

4. What obstacles can you foresee as potentially derailing your personal and business goals in the future?

5. What will happen with your clients, vendors, employees and competitors if something happens to you?

6. What role does your business need to play in helping you to achieve financial freedom and independence?

7. What method have you used to assess the value in your buisness and how comfortable are you in that process?

8. What's your next great adventure after you separate from your business?

9. Have you given any thought to who the next great leader of your business may be?

10.What plans do you have for your ownership interest?  Are you planning to pass ownership down to the next generation, or do you have plans to sell the business one day?

If you cannot definitively answer these 10 questions, we highly recommend calling us so we can help you to begin drafting answers to these critical concepts.  800-511-5650.  Call to set up a FREE CONSULTATION.

#PlanForYourFuture #LiveINSPIRED

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