Advance planning significantly increases your chances of guaranteeing your long-term financial security. If you are building your own business, it is essential to have a clear idea of how the venture is going to provide for your future financial security.
The state pension will not fund a comfortable retirement, and you cannot assume that selling your business (or downsizing your home) will look after you for the rest of your life. You need to get a clear picture of what your financial objectives are and how you will achieve them.
This content is for members only.
Gain unlimited access to all of the resources and factsheets on IoD.com by joining as a member.
IoD membership can help you reach your full potential through its various membership packages.
Are you ready to become part of the UK's most dynamic community for business leaders?
Find out more about IoD membership
Join now Login