Framework · 13:13
// THE QUOTE
“we'll talk to a business owner and say so who's your largest client”
— Peter Freeman · Freeman Group Private Wealth Management
Practical move: 70% of revenue from one client means that client should be a buyout conversation, and the supply-chain chain reaction if you fold. Actionable and self-contained.
Full episode at 13:13The 'If You Died Tomorrow' Test: Succession & Tax Planning for Construction Business Owners ▸
THE LESSON THIS CLIP CARRIES
Check client/subcontractor concentration: a key client or supplier may be the natural buyer of your business.
“shouldn't we be talking to that company about them buying you out because if your business just closes up”
THE CHAPTER IT LIVES IN
Who actually takes over: kids, managers, key clients
13:04
Clips like this, every two weeks.
SOURCE: 13:13 of The 'If You Died Tomorrow' Test: Succession & Tax Planning for Construction Business Owners