[1]
Monkey Business ImagesMonkey BusinessThinkstock

Monkey Business Images/Monkey Business/Thinkstock

Six Planning Tips for Boomers Buying a Business

It’s likely that you have or will have a client who, either by necessity or desire, wants to stop being an employee and start or buy her own business—often near retirement age. But before the client takes the leap, you can help them analyze the potential costs, risks, and benefits. And once they decide to proceed, there are several steps you can take to make it a smooth transition to business owner. 

Kevin McKinley is principal/owner of McKinley Money LLC, an independent registered investment advisor.