With nearly 11,000 baby boomers retiring daily, the landscape for small businesses and personal finances is shifting.
On this episode, Frankie Guida speaks from personal perspective, as he works with his father at A Better Way Financial with the plan to take over the family business himself one day.
However, many Boomers who own businesses are struggling to figure out what to do with their companies when their children do not want to take over.
Frankie shares ideas on succession planning for family-owned businesses, especially when retirement funds are tied to the sale of the business, plus strategies to minimize taxes on business sales and effectively manage the transition to retirement.
Ready to sell your small business? Connect with the team at A Better Way Financial to begin your retirement transition plan today.
CLICK HERE to register for one of our upcoming Tax-Smart Retirement Planning Dinner Workshops.
Read our book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.”
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