Tag: Succession Plan

72. It’s Never Too Early To Build Your Business’s Succession Plan

72. It’s Never Too Early To Build Your Business’s Succession Plan

Are you busy serving clients, managing operations, and growing your business?

It’s time for you to take a step back and think about your exit strategy—even if it’s still years away.

In this episode, Tim Scannell discusses why it is never too early to start your succession planning. Using a detailed client example, Tim explains ways to ensure a fair wealth distribution to all of your successors, and how you can optimize the cash flow for your own dream retirement.

Tim discusses:

  • How Hightower Great Lakes’ Pathfinder helps you transition to a work optional lifestyle
  • Tips for dealing with the emotional elements of succession planning
  • Important topics you must discuss with your family before your exit business
  • Strategies that enable you to exit on your terms, and with confidence
  • And more

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