The Business Owner: How to start your exit plan
Guest Columnist
Alex Ivy
Alex Ivy, CPA, CFA, is a partner in the Memphis accounting firm Frazee Ivy Davis PLC and a certified exit planner who provides business wealth planning, valuation and tax services to business owners and their advisers. Learn more at fidcpa.com.
If you own a private business, chances are you cringe at planning your endgame. How do you transfer your business – or even back off gradually or retire? It’s hard to get positive feelings about something so personal and financially charged.
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