Private business owners and entrepreneurs are very good at creating value within their companies. Many business owners wonder, however, whether they can actually retire—even if they have created extraordinary wealth from years of hard work. The Buyout Barometer® is our proprietary tool that helps business owners assess whether they can sell their business and confidently pursue a successful retirement. The tool addresses the following questions from business owners:
• Can we maintain our current standard of living after selling our company, even in a recession or bad market?
• Can we spend more in retirement after we sell our business?
• How can we be most efficient with income taxes and capital gains taxes surrounding the sale of the business?
• At what price do we need to sell our company in order to live the life that we want?