When Is the Right Time to Start? Exit Planning for Business Owners | Instrumental Wealth

Описание: Is it too early to start thinking about your exit strategy? Whether you're just getting started or decades into building your business, exit planning is great business planning.

In this conversation, David Silver, CFP®, CEPA®, CEO of Instrumental Wealth, and Drew Allen, CFP®, CLU®, CEPA, Senior Wealth Advisor, discuss why business owners at every stage benefit from thinking about their exit — and what happens when they wait too long.

Topics covered:
00:00 – Is it ever too early to start exit planning?
01:15 – Why exit planning is great business planning at any stage
02:30 – Real client example: C Corp structure and Section 1202 tax planning
04:45 – ESOPs and the value of converting to a C Corp early
06:10 – The compounding effect of time on your largest asset
08:00 – Business owner vs. entrepreneur: how you see yourself matters
10:20 – When to raise your hand and start the conversation

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*This video is for informational purposes only and should not be construed as legal or tax advice as Instrumental Wealth does not offer these services. Any views or opinions expressed herein are attributable solely to the author and subject to change at any time. There is no guarantee the views will come to pass.

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