What is Business Planning
Business planning is much different from traditional or personal financial planning. Whether it is continuity planning with buy-sell agreements, incentive planning for key personnel, or the complex transfer of the business to a new owner SWD specializes in financial planning for the unique circumstances that face every business owner at every stage of their business. Business planning is not something that is done overnight.
Without proper business planning many business owners may be forced to rely on the proceeds from the sale of the business or continue to receive income from the business to fund their retirements. This lack of financial independence may also lead to a business owner never truly exiting the business. Consider that 70% of business owners have not set any retirement date.