What would happen to your business, your clients and the value of the company, if something where to happen to you suddenly? Do you have a plan and systems in place to ensure your business will carry on until you return? Or, a plan to ensure the business continues under someone else’s leadership if you cannot return?
2 min read
Best Practices: Creating a Business Death/Disability Plan
Topics: advisor Maximizing Your Practice's Value financial advisors David Grau Jr Death & Disability advisors building value Contingency Planning & Death/Disability Planni SRG Blog Succession Resource Group
3 min read
Building a More Valuable Practice - Tip #4
AGE MATTERS
Age matters – we all hope it doesn’t, but the reality is that the age of your clients and their corresponding assets can have a drastic effect on the value of your business. An aging business is a dying business in the eyes of a buyer who is considering the long-term buying potential of the your book of business. One of the most important things to increase the value of your business, and one of the most difficult items to change, is the age of your clients and the amount of multi-generational planning that takes place in your company.
