How to Select the Right Exit Strategy, Succession Advice From Bank of the West

Many Small Business Owners believe they’ll never retire and in turn, don’t bother to address an exit strategy or succession plan for their business. On this episode of Smart Companies Radio with host Kelly Scanlon you’ll learn the basic steps you need to address with your legal and or banking representative to put together a strategy for retirement and selling your business. Kristin Nelson, Head of Private Business Owners Solutions in the Wealth Management Group at Bank of the West says first and foremost start early and have a candid family conversation as part of your plan.   You can read the white paper discussed in this episode of Smart Companies Radio by visiting http://blog.bankofthewest.com/wp-content/uploads/2016/01/Succession-Planning-Whitepaper_final.compressed.pdf And to hear more shows with host Kelly Scanlon, please visit our archives.   Learn more about your ad choices. Visit megaphone.fm/adchoices