Kirkpatrick & Hopes - Succession Planning Accountants

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Do More of What you Love

Business is a waste of time.  These are not just my comments they are the comments of Michael Gerber in his video and various publications such as the E-Myth.

A business is a means to an end and that end is a better life than you previously had as an employee.

As a business reaches maturity you may find the business becoming an unwelcome tie, it is stopping you spending more time doing the things that you prefer to do such as playing golf, foreign holidays and spending time with friends and family.

You could sell the business.  This will hopefully give you a cash lump sum but when you do this your main source of income ceases.  It may give you a better life but what happens when the money runs out?  The sale process can also take a long time and be very stressful and costly.

Is there a better way?  We like to think there is and this is why we have designed our Share Ownership Planning for businesses. This enables you to have the burden of ownership and running of the business shared with your key team members and the planning can continue to give you future income throughout your retirement.

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