In 1990 I decided it was time to start and own a company, it was my big goal since graduating from the University of Missouri. The plan was to build this business up - and sell it for millions and then retire to the tropics! My partners and I decided on purchasing the franchise rights of a Voice Mail Service Bureau and off we went.
Statics say that only 20% of private companies are sold. That means 80% just slowly die as the owner gets old and/or just tosses in the towel. Therefore, I encourage my business owner clients to not count on selling their business to fund their retirement as I have personally experienced the flaws in that strategy. (Details only provided by request ; ). Does this sound familiar? I've worked with plenty of people who have the same game plan. If I can help any business owner avoid that risk, I do!
Professional Retirement Strategies (PRS) was launched in 2004 through the series of partnerships and innovative expertise. By taking some cues from what huge public companies do to fund their Executive's Retirement Plans, PRS has developed a strategy to allow small business owners, the majority of your clients, to exit their business and fund their retirement. At the same time, it mitigates the risks your institution has with your client.
Join us on April, 13, 2017 at 2:30 pm CST to hear more details on how the Professional Retirement Strategies plan works and how your institution, and your institution's small business clients, can benefit from PRS. We added this important topic to our IZALE Webinar W.O.W.S. 2017 line up of financial wisdom strategies worth sharing and valuable to our community, because it works.