exit plan

Conversations You Should Have Before Creating an Exit Strategy

The majority of your company‚Äôs net worth comprises the value of your business. Preserving that value is necessary to achieve your financial goals after your business exit. When a business owner focuses on increasing value, it often makes the timing of the exit critical, as the business is ready for sale or ownership transition only …

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Why Your Business Transition Needs Professional Guidance

You know it’s time to consider exiting your business… but wait! Are you sure you can handle that mammoth task by yourself? Are you sure you don’t need professional assistance to guide you through the exit planning process? You might think that your business exit will be a cakewalk but trust us: it’s not. Multiple …

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Common Mistakes Business Owners Make During Ownership Transitions

For many businesses, the transition to new ownership is inevitable. However, most business owners fail to think about it until it’s too late. Even if the transition is 10 to 15 years down the line, it requires planning and preparation for smooth execution. Ownership transition types range from passing control to successors to selling your …

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