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Financial Freedom Podcast

A semi-monthly podcast that brings you advice and interviews with experts on various important topics to help you make better and smarter financial decisions in order to improve or maintain your financial situation.
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Now displaying: Page 1
Dec 13, 2019

The retirement plan for a self-employed individual is often different from those who work for someone else. If it is a small business, it usually doesn’t have a pension plan or a 401(k), although the owner can set up an IRA and an SEP to put money aside.

What the plan does include that makes it different is what that person does with their business upon retirement. Do they shut it down, pass it on to their children, or sell it to their partners or a third party? So in this episode of the podcast I talk to Australian podiatrist and entrepreneur Dr. Tyson Franklin for his tips on how to prepare your business for eventual sale, come up with a price, and find a buyer.

In this episode you will learn:

  • How to prepare your business for sale
  • How to set your price
  • How to find a buyer
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