An Exit Plan is a complete and comprehensive document that helps guide the decision-making process and addresses how a business owner will make crucial decisions to successfully facilitate the transition of leaving or exiting their business. Hiring a certified Exit Planner is by far one of the most important factors when it comes to selling your company.
A seller will need guidance from a highly skilled and proficient Exit Planner to assist them with the financial, emotional, and life changing transition. An Exit Planner is an important profession to have on your team of advisers, as they can help alleviate the stress of selling your business and help you prepare to leave your company, while you focus on running your business efficiently and increasing profits, so you in-turn will receive the best possible price.
Custom Designed Exit Planner
Initial interview with the owner to clearly define Goals & Objectives:
(Specific – Measurable – Achievable – Realistic – Timely)
– Personal
– Business
– Financial
Define and map-out a timeline and things to get accomplished
– Death
– Family Love Letter
– Disability
the Business House inc. will coordinate the efforts of the Team:
– Accountant
– Financial Planner
– Business Advisor
– Attorney
– Wealth Manager
– Exit Planner
– Sell or Hold
– Management Buyout
– Sell to Third Party
– ESOP
– Generation Transfer
– Re-Capitalize
Identify the Value Enhancers (54 critical items);
Dealing with such issues as Personal, Business Operations, Industry Marketplace, Legal & Regulatory, Financial, Economic Cycle
– Exit Process
– Transition
– Questionnaire
