Key Questions to Ask the Family Business Owner who Plans to Sell
Advising Your Business-Owner Clients on Transitions
As baby boomer entrepreneurs move toward retirement, their advisers should ask a series of questions about their financial and emotional states to help them plan their exit strategies. Patricia M. Annino, JD, suggests, among other things, advisers should ask about how quickly clients want to sell, how the sale will affect their families, and whether they want to keep working in the business after the deal is finalized.
To read the full article in the Journal of Accountancy, click: Key Questions to Ask the Family Business Owner who Plans to Sell.
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