Why Exit Planning Is Really Value Creation
The process of exit planning motivates business owners to increase the value of their business in preparation for selling the business. Increasing the business’ value entails a value creation plan.
The process of exit planning motivates business owners to increase the value of their business in preparation for selling the business. Increasing the business’ value entails a value creation plan.
Companies may be combined in two different ways: a merger combines two existing companies into a new one, and an acquisition is one company absorbing another. In either case, two or more companies come together to form a single entity. The majority of change agents and essential components of any corporate strategy, mergers, and acquisitions …
When another company or investor purchases your business, they are not just paying you for your tangible assets, contracts, inventory, etc. The purchase price also includes your loyal customer base, competitive advantage, reputation, and other intangible assets challenging to value and which can be grouped under the term goodwill. So, as an owner of a …