The Importance of a Contingency Plan
Have you ever dreamed of selling your business and retiring to pursue a lifelong passion or hobby? Hopefully, that will happen. But, let’s face it. Life is unpredictable. There is no guarantee that you will live to see tomorrow’s sunrise. So, it’s important that you prepare for the least desirable exit option of all … the possibility of your death or disability before you have the chance to exit your business on your terms.
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Prepare for your Exit: Things to Do Now
You are a typical private business owner. You’re an entrepreneur in your late 40s or early 50s and you’ve operated your business for 20 plus years. The business has grown to a substantial operation and you’re just beginning to think about eventually retiring and exiting your business. Failing to act, however, can be a big mistake. In fact, it’s one of the three leading reasons that family-owned businesses fail.
>> Read more. . .
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Jack Lyons & Bill Quish Receive Certifications
 
Jack Lyons Bill Quish
Jack Lyons and Bill Quish are proud to announce they have recently earned the Certified Exit Planning Advisor (CEPA) credential. The CEPA program, offered by the Exit Planning Institute, was specifically designed for business advisors who work closely with owners of privately held companies. To receive the CEPA certification, they completed a rigorous 4 day program that involved approximately 100 hours of pre-course study, 36 hours of class room instruction, and successful completion of a 6 hour proctored examination. Jack and Bill join an exclusive group of fewer than 75 business advisors worldwide who have received this designation.
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About This Newsletter
Lyons Solutions is pleased to bring you this monthly newsletter devoted to topics related to the important field of Exit Planning. This and future issues will contain information and articles written by Lyons Solutions and other Certified Exit Planning Advisors. Please feel free to forward the Newsletter to your clients and associates.
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