Championship Businesses Don't Leave Exit Planning to Chance

absolutely i can't say enough dave and i always enjoy doing these things and hopefully you all get some value out of at least the conversations that we have out here and you get to enjoy our witty banter and some of our sports references that we throw out But today, folks, what Dave and I are going to be talking about is something that I think, and Dave, I'm sure you'd agree with me here as we jump in, but it drives business owners crazy, just absolute crazy.

So if you're a business owner thinking about being one or one, have a family member that's one, a friend, this episode is for you.

And what happens is what really drives them crazy is many advisors for business owners Manage the investment portfolio over here.

The business is managed over there.

Taxes are managed somewhere else.

The exit strategy sits in an entirely different binder.

And all honesty, Dave, even if you have an exit strategy, can't tell you the number of times we talked to a business owner and there isn't an exit strategy.

Right.

unfortunately.

But I do want to bring up a little recent stat here that was done by PNC Bank on that side, a PNC Bank study that found that 89% of business owners, so eight, nine, you did hear me correct, want advice that integrates both business and personal financial needs.

They want those two things, yet 67% of them still manage them completely separately.

Just think

about that for a second.

89% want them together.

67% have them, you know, completely apart.

And honestly, you know, Dave, I'm going to ask you, if I'm somebody sitting out there listening, why is this such a big issue?