Episode Details

Is your business working for you, or have you become its most underpaid employee?

Alan Franks has spent 15 years working with business owners who are successful by every external measure and quietly trapped. Trapped by time, by decisions only they can make, by a financial life that's been entirely reinvested back into the machine they built. As a Certified Financial Planner and founder of the Business Planning Institute, Alan helps business owners reverse-engineer a plan that puts their life back at the center before they're forced to.

In this episode, David Carr and Alan break down the Freedom Framework: a practical system for moving from entrepreneur as prisoner to entrepreneur as owner, and why the most important financial decisions most business owners keep postponing are the exact ones that determine whether their business ever actually sets them free. In this episode:

• Why successful business owners are often broke in ways that don't show up on a balance sheet
• The E.X.I.T. framework: how to build a business that's ready to sell before you think you need to
• Why your professional team of advisor, attorney, and accountant may be working in silos and costing you more than you know
• The one number every business owner needs to know: what your business is worth, what it could be worth, and what it needs to be worth for you to be free
• Three things you can do this week to stop surviving your business and start designing your exit

About Alan Franks: Alan Franks is a Certified Financial Planner, author of Empowered Money, and founder of the Business Planning Institute. Based in Atlanta and working with clients nationwide, Alan specializes in helping business owners build enterprise value, protect what they've built, and create a financial life that outlasts the business itself.

Building a great company is only half the work. The other half is making sure it actually pays you back. That's the conversation we have at Steward Your Business. If this episode described your situation, share it with the person who needs to hear it most: your business partner, your spouse, or the version of yourself that keeps putting this off. Links mentioned in this episode:

• Alan Franks on LinkedIn: https://www.linkedin.com/in/alanfranks
• The Mill Financial Partners: https://www.themillfp.com
• Book: Empowered Money by Alan Franks
• Business Planning Institute: https://www.businessplanninginstitute.com

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