QUOTE : Business Owner Planning<br /><br />Business owners have additional and complex Retirement Planning needs.<br />Counting only on the sale of your business requires tremendous luck and success.<br /><br />If business owners consider the business as simply one asset among many, then they should seriously consider additional assets such as:<br /><br />-Executive Bonus Arrangements<br />-Nonqualified deferred compensation plans<br />-Qualified retirement plans<br />-General investment portfolio<br /><br />Motto for Business Owner Planning<br /><br />As I look back on thirteen years of entrepreneurship, I can see that the best and smartest thing to do is to have a plan with the end in mind and you in mind. The time still goes by and time is expensive. That sentence is really a whole book and you should or will understand sooner than later, hopefully.<br /> <br />That would have looked like business succession planning. Proper business succession planning requires sound preparation in order to have a smooth and equitable transition. Financial, tax and legal planning are all necessary for a success.