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DISCLAIMER: The information provided as education only. Neither the presenter nor ENNIS Legacy Partners is engaged to render legal, accounting, or other professional services. Consult a qualified professional for advice specific to your situation. ENNIS Legacy Partners assumes no legal liability for any loss related to information contained in this presentation.
Is Your Business AN Appreciating Asset—Or Just a Job?
If you're a business owner, chances are the largest asset on your personal balance sheet is your business. Do you view it as a job that provides income or as a long-term investment?
Did you know that, according to the Exit Planning Institute, 70-90% of most business owners’ wealth is tied up in their business?
Did you also know that only about 30% of businesses put on the market end up selling?
Whether you're two years away from exiting your business or more than ten, the best time to start planning is now. At some point—whether by choice or not—you will eventually have to transition out of your business.