There are many considerations when it comes to selling your business, and one you can’t overlook are the financial implications for you now and in the future. Many business owners who are selling their business are moving into retirement, and that sale needs to fund their goals for many years to come, as well as the goals they have for their estate when it’s passed down to their family. Ensuring you have a plan that can reach these goals in an efficient and flexible manner is complex process that takes time and guidance.

Ava Archibald, principal-in-charge of wealth transition services at Eide Bailly, joins the podcast to discuss what business owners need to know about the financial concerns in a sale and how they can create a plan that maximizes the benefits for both the owner and their family.

“You can draft the best plan but if it’s not followed through with, you don’t implement the plan down the road and take the right steps after the fact, all that planning you did on the front end could be for nothing. And maybe all that estate planning you did is for nothing. You have to make sure you take the right steps. So I always say the key to a successful estate plan is implementation.” – Ava Archibald

Guest Info:

Ava Archibald

Principal-in-Charge of Wealth Transition Services

Eide Bailly