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  • About Us
    • Buyers
  • Sellers
    • You Need to Know >
      • Exit Strategy
  • Buy A Business
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  • Newsletter Sign Up
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    • 75 Things To Do When You Exit Your Business
  • 'Sell Your Business 4 More'
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our Blog for Growing or 
selling your business

WANT a LIFE INCOME, AFTER SELLING the BUSINESS?

7/11/2015

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Paul and Joan said they couldn’t sell their business.  Problem?  “We know how to get an income out of our business.  What we don’t know is how to get an income after we sell our business!”  He explained further, “We could invest at 2% and guarantee we’ll run out of money.  Or put it in the stock market and lose 35% twice every decade.  Either way, our money is gone!  Why would we do either one?”

This reflects why many hesitate to sell a business.  Having a successful business they usually get to enjoy a healthy and rewarding income.  But selling it?  That changes everything from the business they knew to something entirely new …a wealth business!  They’ve no history of managing that!  How will they do it?  Will it succeed?  What risks are seen, and unseen?  And how will this continue paying what they need and deserve for the rest of their lives?  …plus will it guard value for their family’s estate? 

In STICKY MONEY you can review,  “Secret Sauce, Two Essentials for Lasting Wealth.”  Here we help you animate and enrich your future, aligning Wealth with the Lifestyle you want to enjoy.  The result becomes “inevitable and endless wealth.”   Following these guidelines for life-income will absolutely reduce financial risks while securing income for Life. 

If you’re moving to a sale or transition over the next 2-5 years we also show how to personalize your WEALTH TRAJECTORY.  This is like projecting your life and business onto an open wall and designing the “movie” that is your very own future.  Eric and his team are excellent at this exercise already, and for me this has always been the “fun stuff” – what I call “visioning your future.”  You’ll see in living colour, the life you want to be enjoying ….and we’ll fit your wealth and business-valuation into a Life-Income sustaining every desire and dream.

Are you like 85% of SME business owners – so so sick of budgets at the office that for home and holidays they spent “by the seat of their pants”?  Good news for you!  Now we can design a personalized Retirement Lifestyle Budget that leads you safely into early and future stages of your retirement living.  Easier than you imagined, safer than ever before, visit here at RETIREMENT BUDGET FOR LIFE.   Retirement – whatever you conceive that to be – can be 3, 4, 5 stages of living and lifestyle.  We can see this now.  And talking it over, we can prepare for the abundance you want to enjoy through all of life’s horizons. 

Retirement is a “personal” dream, different and unique from your parents or neighbours.  We capture this in your planning so that the value you’re going to extract from your business – as you’re ready – will provide the rich opportunities you choose for yourself and your loved ones.  You can never buy back the time so don’t procrastinate your future!  As a team together, we can prepare the way for Life, for Wealth, and yes an abundant Income for all you hold dear!

Brian Weatherdon, MA, CFP, CLU, CPCA, CRC, MDRT.
Certified  Financial  Planner.  Certified  Retirement  Coach.
Sovereign Wealth Management Inc.  (905) 637-3500 x 223 
Founder, educational site: www.GuaranteedIncome4Life.ca
Author   "A Lifetime of Wealth – and how not to lose it." "Protecting Life, Loved Ones, and Future Dreams."

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