While you may be focused on creating a business and leaving a financial legacy, how do you go about actually passing on your business wealth? If you would like to pass on your business to your children or even just create a situation where you can quickly sell your business when you retire, this episode is for you!

What many new business owners don’t realize is that you need to take a series of steps to set your business up for success, both now and in the future. In the episode today, we talk about forming your business as an LLC or a corporation, what to include in a business succession plan, and why ensuring you have proper accounting practices and insurance policies in place from the beginning is essential.

Tune in to hear the practical steps you need to take to ensure you can pass on your business wealth to your loved ones when the time comes.