Brett explains why obtaining a quality business valuation can improve your likelihood of exiting your business successfully—and why you may not want to wait until you’re ready to retire to get one.
Episode 9: Valuing Your Business for a Successful Exit Read More »
BRETT: Welcome to The Charleston Entrepreneur Podcast. BRETT: My radical idea is that personal finance should be…personal. BRETT: Ultimately, the human element in each of us is what makes up personal finance. We are all business owners doing the best we can to make the right decisions about our personal lives with the information we
Episode 9 Transcript: Valuing Your Business For A Successful Exit Read More »
Brett discusses the importance of designing and implementing an exit plan for your business and shares his seven-step exit planning process.
Welcome to The Charleston Entrepreneur Podcast where you go behind the scenes with financial planner and business exit planner Brett Fellows to hear stories of how leading Charleston entrepreneurs navigate the inevitable challenges that arise on the path to financial freedom and get insights from real business owners about how to break through to the
Episode 5 Transcript: Leaving Your Business Is Inevitable Read More »
Do you want to eventually exit your business and retire? If your answer is yes—or even maybe—you’ll want to ensure you’re financially prepared for your transition from business owner to retiree.
In the checkered, but always interesting, history of nepotism (as it relates to business transfer) we find that parents hope a child will take over a business for several reasons: 1. The joy of working together. (At least that’s what some owners claim.) 2. Greater employment and financial opportunities for family members than that available
Many business owners believe they have plenty of time to create a successful plan for the future of their businesses. Most commonly, owners think that if they give themselves a few years, they can transform their businesses into whatever they need them to be: whether that means bigger, more valuable, or more easily sold/transferred. And
Successful Planning Starts Much Earlier Than You Think Read More »
When we talk about planning for the future, we often talk creating a plan. The idea of creating something as big as a plan for the future can imply a ton of from-scratch work (as is often the case), which can cause you to want to put that ton of work on to another day.