If you’re like many small business owners, you’re counting on the sale of your company to support your retirement. You have invested your time, energy and dollars to grow your business but if you haven’t developed a succession or exit strategy you may be in for a huge surprise on the actual value of the business and your ability to realize the value when you are ready to cash out. The vast majority of business owners start thinking about exit planning less than a year before they … [Read more...]