WEBVTT

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For owners, selling

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a business can be a complex moment.

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After all,

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for many,
your business is your most valuable asset.

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Which means that the sale isn't
just emotionally complicated.

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But it could also be crucial to
positioning for what's next in their life.

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Whether it's another business
venture, retirement,

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or pursuing another passion.

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Here are four key considerations
to guide us.

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First, envision your life after the sale.

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What does it look like?

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Are you relaxing on a beach?

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Mentoring startups
or spending more time with family?

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This vision isn't just motivational.

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It shapes every decision we make.

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But we also need to think about what
happens if the sale doesn't go as planned.

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Exploring alternatives like transferring
the business to a partner

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or family can reduce risk
and keep your options open.

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Next, let's focus on cash flow.

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The sales price of your business
sounds impressive,

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but it's the net proceeds

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after taxes, debts, and fees that matter.

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You'll need to know how much income
it takes to support your new lifestyle.

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Don't overlook expenses
your business currently

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covers
like car travel or club memberships.

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Those can catch you off guard
when they shift to your personal budget.

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Understanding these needs may

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help provide better clarity
in your cash flow.

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Planning.

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Third, planning early is critical.

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Ideally,
you're thinking 2 to 3 years ahead.

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This isn't just about finding a buyer.

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It's about positioning your business
to maximize value and to minimize taxes.

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Your wealth advisor, tax expert,

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estate planner, and legal team
all need to weigh in.

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Together, we'll map out

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how the sale fits into your broader
financial picture,

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especially
if retirement is on the horizon.

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Helping ensure the proceeds
translate into sustainable cash flow.

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Finally,

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keep your excitement for what's next
front and center.

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This sale isn't an end
point, it's a launching pad.

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Whether it's more family time,
a new business, or a personal passion,

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what you're working towards will guide
our planning and cash flow strategy.

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Your enthusiasm for the future is
what makes this transition meaningful.

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You've built something remarkable.

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Let's make this sale a bridge to the life
you've always dreamed of.

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Murphy,
private wealth group is here to guide

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you every step of the way.

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I'm Wil Murphy,
and it's an honor and privilege

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to serve a select group of clients,

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helping them to build, manage,
and protect their wealth.

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Balancing emotions
and feelings with reason and logic

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to improve financial decision making.

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Thanks for watching.