is often overlooked
Prepare for Sale / Merger – operational planning & coordination with other professionals
Family Business Succession – figuring out the correct approach with different family members
Partnership Issues – equity splits, or resolving differences of opinion
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"
By legendary INC. Magazine journalist Bo Burlingham
“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.
88% of Owners have no written transition plan
50% do not differentiate between a management and an ownership transition1
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
Family Succession Planning
Career & Professional Identity
1. Exit Planning Institute, State of Owner Readiness Survey 2013
Exiting – like saving for retirement – is something that works best when planned far in advance.
Then why do so many not have an exit strategy in place? Studies of business owners have shown a combination of factors:
too busy building the business
complex relationships at stake
we are not ready to leave
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.