How to exit a Business

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When it comes time to exit your business, you need to consider the options available to you:

  • Advertise for sale without identifying a buyer.
  • Sell to a family member.
  • Trade sale to someone already in the business.
  • Close business and sell assets.
  • Sell to management or staff.

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"Self-employed people often earn a decent income while working. However, without the benefit of employer-paid superannuation contributions often have little money to live on in retirement. Don’t rely on selling..."

Don’t neglect retirement savings
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