When you’re a business owner, making that step into retirement can be much more complicated than it is for an employee.

Firm Advisory Ltd is bringing experts to the Island to address this complexity the in a series of workshops, including the “human side” of retirement and exiting your business.

The workshops, entitled ‘Transition Planning for Bermuda Business Owners’ will be led by the Successful Transition Planning Institute (STPI) from

Cambridge, Massachusetts and presented through its ‘Platinum Years’ brand.

The workshops will be preceded by three free webinars (September 16, 23 and 30, all at 2pm).

Firm Advisory president Kumi Bradshaw said he had identified a need in the business community for such advice.

“Over the past few years, we have had a number of clients who have struggled with the ‘human’ and ‘emotional stuff’ tied to exiting their business,” Mr Bradshaw said.

“Business brokers, valuation experts, accountants, lawyers and other professional service providers all have a role to play in the process of selling / exiting your business — but we’re not specialists when it comes to transition planning.

“Because of this gap in the local business community, we’ve invited STPI and their Platinum Years brand to provide workshops for local business owners, particularly baby boomers who may be approaching retirement and think it will be a welcome opportunity for local business owners who may be thinking about exiting within the next five years or so.”

The workshops will start with a half-day workshop entitled ‘Finding Your New Owner for your Business for your Life — A guide to a new paradigm for Baby Boomer Business Owners’. This will be held on October 9 from 1pm to 5pm. Workshop cost will be $299 and capacity is restricted to a maximum of 40 attendees.

A two-day workshop entitled “What’s Next for Your Future? How to avoid retirement remorse and ‘push start’ on a successful business and personal transition”. This one will be held from 9am to 5pm on October 10 and 11. The workshop will cost $1,099 and capacity is restricted to a maximum of 20

attendees.

For more information visit www.firmadvisory.com or www.facebook.com/tpbbo or e-mail admin@firmadvisory.com