Exit Strategy
is often overlooked
FIRST-HAND EXPERIENCE
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Prepare for Sale / Merger – operational planning & coordination with other professionals
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Family Business Succession – figuring out the correct approach with different family members
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Partnership Issues – equity splits, or resolving differences of opinion
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Immediate Debt & Cash Flow Issues – maintaining a strong negotiating position in crisis
here to help you move onward & upward
"Exiting is a phase of business"
FINISH BIG: How Great Entrepreneurs Exit Their Companies On Top
By legendary INC. Magazine journalist Bo Burlingham
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“Once I took a closer look at exiting, I realized that it is a far more complex subject than I’d realized. It isn’t an event. It is a phase of business, just as the start-up period is a phase... some people wound up happy with the process and the way it turned out, while others looked back on it as a nightmare.
...
Most viable businesses are, in fact, unsellable. To create market value, these owners (who exited well) had learned to look at their business through the eyes of a potential buyer or investor.”
IT’S NOT ABOUT LEAVING.
IT’S ABOUT LEGACY.
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88% of Owners have no written transition plan
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50% do not differentiate between a management and an ownership transition1
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Most companies close when owner leaves.
LOOK AT YOUR BUSINESS FROM A BUYER'S PERSPECTIVE
Even if it's not for sale. Seeing your business through the eyes of a potential buyer reveals areas for improvement.
EXIT STRATEGY IS PERSONAL
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Family Succession Planning
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Partners
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Career & Professional Identity​
1. Exit Planning Institute, State of Owner Readiness Survey 2013
You should
begin today.
(seriously)
Exiting – like saving for retirement – is something that works best when planned far in advance.
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Then why do so many not have an exit strategy in place? Studies of business owners have shown a combination of factors:
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too busy building the business
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complex relationships at stake
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we are not ready to leave
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The best time to begin planning is 3 to 5 years out. However, for many people, exit strategy is a more immediate matter. You're not alone.