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Relying on your business to help fund retirement? Start preparing for your exit now

November 22, 2016 By BMN

Over half of Australian SME owners under 50 haven’t done any retirement planning and experts say that they are leaving it too late to prepare their businesses for sale. The latest instalment of MYOB’s SME Snapshot highlighted that one third of surveyed small business owners are not contributing to their superannuation and while 44% believe they will need $1 million for a comfortable retirement, more than half have little belief they’ll get there. Read the full article here: http://www.smartcompany.com.au/finance/75466-relying-business-help-fund-retirement-start-preparing-exit-now/

This article was suggested by our mentor Bob Joubert

Filed Under: Small Business News & Tips Tagged With: Entrepreneur, Family Business, Strategy

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