Retire While You Work® Podcast
Join us as we discuss various topics to help you find the path to viewing money as a means to the true currency, TIME, and learn how to build more memories and experiences.
View All EpisodesJoin us as we discuss various topics to help you find the path to viewing money as a means to the true currency, TIME, and learn how to build more memories and experiences.
View All Episodes
Business exits are racked with emotion and indecision. Learn how to approach your sale without the emotional burden, so you can get what you need.
As a business owner, you spend most of your working years on steady, profitable expansion. When you’re calling the shots, there’s no limit to your growth, and there’s always more to achieve.
Then, seemingly out of nowhere, the time comes to consider hanging up your hat as the leader and strongest work horse. It’s time to slow down, step back and start planning for a new goal: your business exit.
“You’ve spent your whole life putting in the hours — building something strong from the ground up. Business growth is what you know. It’s your skill, your identity,” said David Adams, President of David Adams Wealth Group. “But what happens when it’s time to change that?”
When assessing a business exit, David Adams Wealth Group completes a comprehensive Personal and Financial Assessment to determine the guidelines for a profitable business sale. “When determining how much you’ll need in your pocket after your business is gone, it’s actually most effective to start with your personal goals,” David said.
First, David will help you figure out how you’d like to spend your time once the business is sold. Together, you’ll determine whether you’d like to leave a legacy for your family, how much you want to travel, what hobbies you’ll spend money on and more. Essentially, you’re planning to do all the things you’ve wanted but put off because of work.
“It often opens up a new dialogue between husband and wife and, sometimes, within the larger extended family,” David said, “but together, we’ll evaluate how much you’ll need to live the life you’ve imagined.”
Next, it’s time to evaluate the financial side of the sale. David will walk you through possible future expenses, including any future moves or estate changes, health costs and more.
“We evaluate your needs and wants, so we have a gameplan for exactly how much you’ll need to feel safe and happy after working so hard for so long,” David explained. “We believe this is a more efficient process than trying to evaluate the exact worth of your business at the time for the sale.”
By determining how much you’ll need, as well as how much you want, you can make the decision to sell based off a secure plan and a single target number — not an emotional, reactive or gut decision during a crucial moment. Then anything above your target is, essentially, gravy. “This process gives people a range to make decisions within,” David said. “It lessens the emotional burden of the decision to sell, and for how much. Otherwise, the lack of clarity breeds anxiety, instead of allowing you to prioritize what’s important: the security to continue achieving more.”
To learn more about planning your business exit — or retirement planning for business owners — please visit davidadamswealthgroup.com
Adams Wealth Partners, LLC is not a registered broker/dealer and is independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC
Neither Raymond James Financial Services nor any Raymond James Financial Advisor renders advice on tax issues, these matters should be discussed with the appropriate professional.
Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.
The running stock ticker is not a recommendation to buy or sell stocks of the companies pictured.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, marketed as Adams Wealth Partners. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.Adams Wealth Partners is separately owned and operated and not independently registered as a broker-dealer or investment adviser.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP® holders at Adams Wealth Partners, LLC are: David Adams, Myles Zueger, Carson Odom, Spencer Provow, and Nick Wolf.
CPA holders at Adams Wealth Partners, LLC are: David Adams, Carson Odom, and Christine Kinsley
CFA holders at Adams Wealth Partners, LLC are: Anthony Breen.
Please note that all archived content is for informational purposes only. Investment decisions should not be based on the content provided herein. For the most up-to- date statistical information and analysis, please contact your financial professional.
Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.
2026 Forbes America's Best-In-State Wealth Management Teams, developed by Shook Research, is based on the period from 3/31/2024 to 3/31/2025 and was released on 1/7/2026. Approximately 12,787 team nominations were received and 6,149 advisor teams won. Neither Raymond James nor any of its advisors pay a fee in exchange for this award. More: https://bit.ly/4rXUfUA. Please see https://bit.ly/40mwRVe for more info.
Barron’s Top 1,500 Financial Advisors 2026, is based on the period from 09/30/2024 – 09/30/2025 and was released on 03/20/2026. 7,855 nominations were received and 1,500 won. Neither Raymond James nor any of its advisors pay a fee in exchange for this award. More: https://bit.ly/4smNviU.
Please note that all archived content is for informational purposes only. Investment decisions should not be based on the content provided herein. For the most up-to- date statistical information and analysis, please contact your financial professional.
Raymond James is not affiliated and does not endorse the above-mentioned organizations.
Nashville Wealth Management & Financial Advisors | David Adams CPA, CFP® | Copyright © 2026 | Privacy Notice | Legal Disclosure