Help Your Clients Make Time for Planning
Although more than half of business owners plan to leave their business in the next 5 years, 80% or more of business owners do not have a plan. This could be because many business owners have the wrong expectation of what Exit Planning is \u2013 they don\u2019t realize that it shouldn\u2019t take up all their time if done properly. Planning now will save you time down the road.
In this episode of Why We Plan, John Brown, Founder of BEI, and Elizabeth Mower, President of BEI, discuss why owners can and should make time to plan for their future and the future of their business. Are you asking your clients what is taking all their time? Are they trying to do too much in the business themselves? Owners can make the necessary time for planning by having a strong management team in place and learning how to delegate to the management team. As an advisor, you can help them figure out where their gaps might be and help them develop the right management and consulting team.
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