Bill is in his mid 40’s. He’s been planning on the majority his retirement being based on the sale of his business, let’s say 75% of retirement. His business has increased by about 10-20% each year, with this year being flat, mostly because of COVID affecting it. Future growth looks somewhat promising but there are some new government regulations being passed that may have a negative effect.

The industry is also changing and in order to grow substantially, Bill will need to invest additional cash or find investors which he doesn’t want to risk at this stage. Larger companies in the same industry are interested in buying his business now, but that is also somewhat risky due to the nature of the buyout, details below. Bill's current annual take home pay is around 175k-200k. He also has partners involved.