In retirement, individuals may find that changing circumstances dictate a change in their financial plans. Chia-Li Chien highlights one couple’s journey in adapting, post-retirement, to unexpected events.
Establishing a good exit strategy for your business requires early planning and a willingness to trust your key resource people.
Follow Chia-Li Chien’s story of a family business as they attempt to navigate a successful transition from parents to child, with the business financing their retirement.
Chia-Li Chien uses an age-old Chinese saying to demonstrate the need for making the right choices today that will allow you to stay focused on your goals and dreams for the future.
Chia-Li Chien reviews the Rule of 72 for business owners as a way to measure return on investment in your business and a way to get closer to your goal of cashing out profitably and when you want.
Chia-Li Chien stress the importance of timing and planning to create a win-win situation for a successful business cash out.