If you had to sell your business tomorrow, would you know what it is really worth?

For many business owners, their business is a significant part of their retirement plan. Yet its value and transferability can be affected by risks they may not have considered. Having clarity on where the business stands today can make all the difference when preparing for what comes next.

In this episode, Jerome, Business Exit Special at Providend, shares with Ray, Senior Client Adviser, how he uses a three-step framework to guide business owners in identifying and mitigating common risks that could affect the value and transferability of their business. By addressing these areas early, business owners can prepare for any potential outcome and make decisions from a position of strength.

Music courtesy of ItsWatR.

The host of this episode, Ray Zheng, is a Client Adviser at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.

The full list of Providend’s Money Wisdom podcast episodes from Season 4 can be found here.

Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.

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Get Our Money Wisdom II Book Today!

Some long-time listeners might know that the inspiration behind this entire podcast was our CEO, Chris’s book. We're proud to announce that we have launched our second edition of the book titled Money Wisdom II: More Simple Truths for Financial Wellness. If you are interested in getting your very own copy, please check out the link here: https://providend.com/publications/#order-form