After investing years of time, talent and treasure in building your business, do you view the prospect of selling your business (your baby) with a certain amount of dread? If you do, you’re not alone. In fact, one hallmark of the Baby Boom generation is the degree to which its members personally identify with their work.
That said, a business exit plan is like a two-sided coin. On one side, selling your business will close an intense (maybe even all-consuming) chapter of your life. On the other, exiting your business gives you the opportunity to start fresh and pursue interests and dreams you may have deferred for years.
At the Christman Group, we believe that no business exit strategy is complete unless it includes a personal life plan. In fact, we are unique in our approach to exit planning because we encourage clients to examine their health, family situations and personal readiness (attitudes, beliefs and interests) to begin anew and to plan accordingly. Personal goals and strategies are the foundation for our entire exit planning activity.
So what dreams have you shelved as a business owner? Now’s your chance to dust them off and make sure they become part of your life’s next chapter your new beginning!