Which is perfectly possible…in fact, at least double Really? Yes, because if yours is like most owner-managed businesses, it’s run as a personal cash generator and lifestyle support scheme. This is fine until retirement looms or a divorce or partner dispute arises, or an unexpected offer is to buy it is made. One of these events will definitely happen to …
Is Your Business A Good Investment?
I’m struck by how many of the business owners that I meet don’t consider this. And when I raise the subject, they will usually tell me that they are relying on a private rental property and a modest pension for their retirement. They don’t see their business as a saleable asset but as a source of cash flow that will …