TITLE

Moving from Small-Business Owner to Secure Retiree

AUTHOR(S)
Supper, William J.; Cocozza, Christopher R.
PUB. DATE
May 2007
SOURCE
Journal of Financial Planning;May2007, Vol. 20 Issue 5, p34
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses methods to prepare baby boomer generation small-business owners for retirement. Small business owners face special financial issues, including whether they should sell their business or pass it on to their children, an issue that can be strongly affected by the goals and aspirations of their children, as well as the traditionally low survival rate of family-run businesses that have been passed between generations. The authors suggest that financial planners often ignore the benefits of diversification when advising clients on this topic.
ACCESSION #
24957343

 

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