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An Exit Strategy Designed for You

Exit Planning


Many owners fail to develop an exit plan for their small business, which is a big mistake. Ideally, you should develop an exit plan for your business at the very beginning but it’s never too late to put one in place.  Having an exit plan in place will help you keep the business focused in the right direction and ensuring that strategy and execution are aligned with your long-term goals.


An exit plan will also give you a clear understanding of when it is time to get out; otherwise you just keep going.  Your exit plan will and should change over time, so it is important to review it every year in conjunction with year-end planning.

Exit planning is a strategic approach that business owners undertake to prepare for the eventual sale or transition of their business. The goal of exit planning is to maximize the value of the business, ensure a smooth transition, and meet the owner's personal and financial objectives.

Exit planning is a dynamic and ongoing process that requires careful consideration and proactive management. Engaging in exit planning well in advance allows business owners to make informed decisions and optimize the outcome of their exit strategy.

Exit Planning Strategy
  • Clearly articulate personal and financial goals for the exit.

  • Consider factors such as desired retirement lifestyle, financial security, and legacy planning.

Define Objectives

  • Conduct a comprehensive financial analysis of the business.

  • Evaluate current and projected financial performance, assets, liabilities, and cash flow.

Financial Assessment

  • Determine the fair market value of the business through a professional valuation range.

  • Consider factors such as earnings, growth potential, industry trends, and comparable transactions.

Business Valuation

  • Establish a realistic timeline for the exit process.

  • Consider economic conditions, market trends, and personal readiness for the transition.

Timeline Planning

  • Explore various exit options, such as selling to a third party, passing the business to family members, employee buyouts, or merging with another company.

  • Evaluate the pros and cons of each option in relation to the owner's goals.

Exit Options

  • Identify opportunities to enhance the value of the business.

  • Address operational inefficiencies, strengthen customer relationships, and optimize financial performance.

Business Enhancement

  • If applicable, plan for the succession of leadership within the company.

  • Identify and develop key employees who can take on leadership roles.

Succession Planning

  • Develop a communication plan for key stakeholders, including employees, customers, suppliers, and investors.

  • Manage expectations and provide reassurance during the transition.

Communication Strategy

  • Assist businesses in developing long-term strategies to achieve their objectives.

  • Provide guidance on organizational structure and leadership development.

Consulting - Strategic Planning

Exit Planning Services Include:

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