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Here’s my official bullet point list (I’ll go in detail on each) - Roth IRA (usually too late for most) - Seller finance exit - Horizontal integration - Vertical integration I promise this is relevant Retirement plans are usually not thought about until it’s too late. Most content out there talks about how to set it up for your employees But what if you’re the only one!? What if YOU need a retirement plan for your business. You can’t just burn the candle at both ends forever If that’s you, then this post is for you I’ve had the pleasure of seeing what a lot of small business owners do to build something that removes themselves and keeps the cash coming in. Here’s my explanation of them in ordered format. Roth IRA: I’m not a financial planner and there’s tons of content out here to set this up so I’m going to link to actual experts on this one. https://www.fidelity.com/retirement-ira/roth-ira Seller Financed Exit: In simple terms, it’s where you sell your business. However, instead of it being in one full chunk, it’s a deal where you “finance” the deal yourself and get paid out as time goes on. This is very popular for a buyer, but not so much used by sellers. Mainly because you want that big payout. Truth is, your business may not be worth that much. Or, it’s not looking like a hot deal to sell all at once. But, with seller financing you can be flexible. Imagine selling your business and cutting a deal where to get 10% net revenue paid to you every month for the remainder of the life of the business? Sounds like you just made up your own pension plan. Interesting? Yes Easy? No. An option though? Definitely. Horizontal integration: This is where it gets interesting. Imagine you have a local notary business. Or real estate business Or insurance business Or fingerprinting business Whatever it is. Think of this; what product or service can you integrate that’s like your business, but not totally on par with it.

- Who you are: My wife is a notary, and I am a digital marketing consultant. - What you're looking to get out of this industry - Since my wife is a notary and I already know how to generate leads, this seemed like a perfect add-on service to increase revenue. - What you do currently :) - I help established businesses get more leads and appointments without wasting money on ads. My wife is a notary working on getting her business up and running.