It’s Time to Make a Plan
You’re one of the 4 million Baby Boomers who currently own and operate American companies. You deserve credit for building strong brands and reputations, for employing countless others, for providing for your families and communities, and for effectively living out the American Dream.
But as strategic as you’ve been in business, you’ve likely kicked the succession-planning can down the road and continue to do so. That’s a big mistake, and NOW is the time to make that plan
Basic Facts
You and your peers represent roughly 66% of all domestic businesses. You, being a member of the generation born between 1946 and 1964, began turning 65 years old in 2011 at a rate of about 10,000 people per day and will continue passing that age milestone through 2029.
While you may consider yourself forever young, the average life expectancy is 17.7 years for a 65-year-old American male and 20.3 years for an American female.
Many business owners have 80% or more of their personal assets tied up in their businesses. More broadly, “about 75 percent of all private equity is owned by households for whom it constitutes at least half of their total net worth.
The Retirement Sale
As a retail store owner, one of the hardest decisions you’ll ever have to make is deciding how to close your business. Retirement is a complex transition, and we believe it should be celebrated and embraced. Instead of looking at your retirement sale as an ending, you should view it as a new beginning.
Use a Professional to help conduct your Retirement Sale
CCH Consulting understands that the profits from the sale of your retail store can be the main capitol on which you will fund your retirement. In a retirement sale, we honor the “retiree” and make your store closing a fun event. We tailor a liquidation retirement sale to fit your needs, and we provide a choice of plans to meet those needs.
CCH Consulting Produces Results
Our clients typically experience:
• Sales that are 1.2 – 1.3 times the cost of inventory
• Advertising & Promotional expense of 3% – 5% of sales
• Sale complete in 6o days or less
• A positive image throughout the sale
One-Time Only Opportunity
You can’t retire two or three times. You have only one opportunity to run a successful retail store closing and retirement sale. We understand that your credibility, business reputation and financial future are on the line, and we can provide you with the expert experience and caring assistance you need.
Whether you’re planning to retire next year, or next month, CCH Consulting can help you devise a profitable liquidation and retirement sale celebration without worry and uncertainty. We understand that there’s no manual on how to close down your business. We will tailor a custom store closing sale to provide you with the financial resources you need for a comfortable, enjoyable retirement.