Exit

Exiting Your Business?

Industry experts say just 30% of business owners have a formal exit strategy.

Our experience confirms few owners properly plan for their business exit. And the consequences can be severe.

In fact, by failing to plan your exit, you could:

  • Reduce your business value by 50% – or more

  • Increase your tax liability

  • Disrupt your employees, clients and vendors

  • Underfund the next phase of your life

  • Jeopardize your estate

  • Tarnish your legacy

Insight

What makes this even more important?

Your exit may happen BEFORE you think it will due to:

  • Long-term illness or other family health challenge

  • Business partnership degradation

  • Divorce

  • Economic downturn

  • Weak cash flow or reserves

Opportunity

Like a solid insurance policy, creating a business exit plan before you need it can be one of the smartest business decisions you’ll make.

That’s because a formalized exit plan can maximize your net proceeds, minimize your legal risk and streamline the transfer process when the time comes to execute.

To find out how prepared you are for a planned or unplanned exit from your business, take our complimentary Exit Preparedness Assessment below.

Take our Seller Preparedness Assessment here: