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Saving only $1,000 a year from birth until a child's 19th birthday yields $2.25 million when that child retires at age 70. (Photo: Shutterstock)

Let’s say you want to sell your business. To prepare, you must show not only increasing revenues in the past several years, but also a strong pipeline that portends increasing revenues in the foreseeable future. What better way than to plant the equivalent of seedlings in the orchard you’re currently managing? These seedlings represent future revenues that can grow in an incubator under your watchful eye. When the time comes for them to blossom, you’ll automatically benefit from the fruit they bear.

Christopher Carosa

BenefitsPRO

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