Episode 49: Preparing a Successful Transition to Exit Your Business
As a business owner or a partner in a business do you have an exit strategy in place for when you retire? Do you have a plan in place if you or your partner dies, or one of you gets escorted from the company? Businesses transition to new owners all the time but the process takes a lot of thought and consideration to get it right and having a shareholder agreement or a buy sell agreement is an essential document for your business. This week on the Make It Right podcast we continue discussing how to make sure your business is transition ready with Patrick Bradley of Manufactured Financial Solutions. Patrick is based in the US but the interesting questions he prompts are valuable for all business owners to consider.