Financially Simple

In episode 225 of Financially Simple, Justin answers a listener's question on what steps to take if you receive an offer for your business. Charlie asks Justin, "What steps should I take to decide if I should accept an offer for my business?" Justin explains what factors to assess in your personal life, and within the business itself, to determine whether or not the business should be sold. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 01:40 - Ask Justin: What Steps Should I Take To Decide If I Should Accept An Offer To Buy  My business? 03:19 - Review Your Current Financial Position 03:42 - What Total Income Do You Need 05:02 - Life Expectancy 06:33 - Is Your Business Sellable? 07:46 - What If Your Business Isn't Sellable Yet? 08:58 - Will The Sale Cover Retirement? 10:42 - Plan Ahead 12:06 - Wrap Up _________________   RESOURCES: Ask Justin a Question Financially Simple Educational Website Financially Simple on YouTube