1. Which of these long-term strategies have been shown to increase a business owner’s retirement ‘nest egg’? Setting up an estate plan Identifying a succession plan Performing regular business valuations All of the above 2. True or False? Business valuations only benefit your business ahead of transactions and major changes for the owner. True False None 3. How often should business owners schedule a business valuation? Every few years When they're ready to sell As part of an estate plan If some major life changes happen All of the above 4. Have you used a business valuation to grow business revenue? Yes. It identifies threats and opportunities, uncovers key value drivers, tests how the market affects my business, discovers true market value, and allows me to pivot for more profitable decisions. No. I believe it should be used when selling, experiencing life alterations (divorce, etc.), preparing for M&A transactions. None Time's up
