The First 12 Months After the Sale
A checklist for business owners. Four phases to pace your first year after you sell.
I sold my own business, so I know the feeling.
The sale is a finish line and a starting line. There’s no prize for speed.
Educational only. Talk with your CPA and attorney before you act.
Already get Ground School? Download the PDF.
Before closing and the first 30 days.
Slow down and get clear. Park the proceeds, set aside money for taxes, and replace the perks the business paid for.
Months 2 to 3.
Build the new household engine. A budget without the business, a planned monthly draw, and a cash cushion.
Months 4 to 6.
Put the money to work, on purpose. An investment plan, a look at rollovers, and a new question: what’s an ideal Tuesday now?
Months 7 to 12.
Look ahead. Meet with your CPA before year end, decide what giving looks like, and do a first-year review.
Skyrise Financial is a Colorado-registered investment adviser. Registration doesn’t imply any level of skill or training. Investing involves risk, including loss of principal.
