Originally written by Stephanie Spicer on Small Business
The Beginning of the End – a practical guide to retirement preparation for the small business owner, by Dr Terri Bourne
The title of this book may sound rather ominous but could equally be called the start of things to come. It is essentially about exiting your business – but as Bourne explains this could be a long time off. And it may be that you don’t sell your own business at all, you may retire without selling.
With the experience of having set up seven different business Bourne understands the hard work and investment that goes into running a business and making it successful. She also understands that many business owners focus on building and running their businesses and not looking at how they will ever exit them.
This is a very engaging and fluid read – and Bourne provides online, a free workbook to help business owners work through their own ideas and fashion a personal and private record of all the steps they can go through.
These steps take the business owner through assessing your options and reasons: why you need to sell or want to sell, what you want to do, how you