Home – New Forums Tell me straight… Transitioning to retirement, net profit margin better than Apple. What should I expect? Reply To: Transitioning to retirement, net profit margin better than Apple. What should I expect?

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Burgo
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Don’t rush into retirement it is boring, just slow down and discuss an exit strategy with your accountant.
Selling the business isn’t always the way to go.
Keeping the business going gi.ving you an income, without you doing all the work could be an option.
Believe me retirement can be very boring, I know as I’m in my ninety year.
After the initial break when you’ve done those things you think you’ve wanted to do then what.
Work for someone else.
Start another business
Vegetate
Think outside the square, talk to your accountant, talk to another business person that has retired a year or so ago, then look at your alternatives before you to sell your business.
There may even be something exciting you haven’t dreamed about yet.