Most business owners don’t plan to exit suddenly — but life often has other plans. In this episode, Joe Curry breaks down the Five Ds of exit planning and explains how divorce, disagreement, disability, distress, and death can force unplanned exits if you’re not prepared.

RESOURCES

Exit Planning Institute Blog: How to Protect Your Business from the 5 D’s – you can find the link to download the 5 D’s infographic at the bottom of this blog post

Exit Planning Basics for Business Owners

https://retirementplanningsimplified.ca/blog

Explore Joe’s Previous Business & Exit Planning Simplified Podcast Episodes on the 8 Key Drivers of Business Value

1. Ep 10: How Clean Financials Boost Business Value and Improve Exit Terms
2. Ep 11: Boosting Your Company’s Valuation: Strategies for Highlighting Growth Potential
3. Ep 12: Reducing Dependency Risk to Maximize Business Value and Attract Buyers
4. Ep 13: The Valuation Teeter Totter: How Working Capital Impacts What Your Business Is Worth
5. Ep 14: The Power of Predictability: Why Recurring Revenue Drives Higher Business Valuation
6. Ep 15: Monopoly Control: How to Carve Out a Niche So Strong You Can Set the Price
7. Ep 16: How to Boost Business Value Through Client Loyalty and Feedback
8. Ep 17: Why Owner Independence Is the Key to a Sellable Business | Hub & Spoke Explained

ABOUT JOE CURRY

Joe Curry is the host of Business and Exit Planning Simplified Podcast, and the Your Retirement Planning Simplified Podcast and the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario. A Certified Financial Planner and Certified Exit...

A successful business exit takes more than a great sale price. In this episode, Joe Curry explains the three critical legs of exit planning—business readiness, personal readiness, and financial readiness—and why overlooking any one of them can derail your retirement. Learn how to exit your business with confidence, clarity, and purpose.

Resources

True Wealth Roadmap™ Process – Aligning business exit proceeds with retirement income and legacy goals

Retirement Planning Simplified Podcast Blog – Related insights from Joe’s retirement focused podcast

Explore Joe’s Previous Business & Exit Planning Simplified Podcast Episodes on the 8 Key Drivers of Business Value:

1. Ep 10: How Clean Financials Boost Business Value and Improve Exit Terms
2. Ep 11: Boosting Your Company’s Valuation: Strategies for Highlighting Growth Potential
3. Ep 12: Reducing Dependency Risk to Maximize Business Value and Attract Buyers
4. Ep 13: The Valuation Teeter Totter: How Working Capital Impacts What Your Business Is Worth
5. Ep 14: The Power of Predictability: Why Recurring Revenue Drives Higher Business Valuation
6. Ep 15: Monopoly Control: How to Carve Out a Niche So Strong You Can Set the Price
7. Ep 16: How to Boost Business Value Through Client Loyalty and Feedback
8. Ep 17: Why Owner Independence Is the Key to a Sellable Business | Hub & Spoke Explained

ABOUT JOE CURRY

Joe Curry is the host of Business and Exit Planning Simplified Podcast, and the Your Retirement Planning Simplified Podcast and the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario. A Certified...

In this final episode of the Eight Drivers of Business Value series, Joe Curry explains why the hub and spoke model is one of the biggest threats to business value and exit success. Learn how reducing owner dependence can increase valuation, reduce buyer risk, and create a business that’s easier — and more enjoyable — to run.

Resources

1. Traction by Gino Wickman
2. Eight Drivers of Business Value eBook - available by request via info@retirementplanningsimplified.ca
3. Explore Joe’s Previous Business & Exit Planning Simplified Podcast Episodes on the 8 Key Drivers of Business Value
4. Ep 10: How Clean Financials Boost Business Value and Improve Exit Terms
5. Ep 11: Boosting Your Company’s Valuation: Strategies for Highlighting Growth Potential
6. Ep 12: Reducing Dependency Risk to Maximize Business Value and Attract Buyers
7. Ep 13: The Valuation Teeter Totter: How Working Capital Impacts What Your Business Is Worth
8. Ep 14: The Power of Predictability: Why Recurring Revenue Drives Higher Business Valuation
9. Ep 15: Monopoly Control: How to Carve Out a Niche So Strong You Can Set the Price
10. Ep 16: How to Boost Business Value Through Client Loyalty and Feedback

ABOUT JOE CURRY

Joe Curry is the host of Business and Exit Planning Simplified Podcast, and the Your Retirement Planning Simplified Podcast and the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario. A Certified Financial Planner and Certified Exit Planning Advisor, Joe is passionate about...