Will YOUR company stand out in a crowded marketplace?Download “Beating the Boomer Bust”
Looking to sell your business?
Consider this: Every day, 10,000 Baby Boomers turn 65, and nearly 75,000 companies are set to transition annually. But, with business brokers only selling about 10% of that number each year, it’s essential to have a well-defined exit plan in place. Don’t wait until it’s too late.
Take our free Exit Readiness Assessment today to see where you stand and start planning for a successful transition.
Exit Planning Tools for Business Owners
Maximize your exit planning potential with our comprehensive set of tools, education, and resources dedicated to helping business owners remain competitive and in control of their exit strategy. By planning ahead, you can drastically improve your retirement lifestyle.
Take our free assessment today, and receive a 12-page summary report that categorizes your exit preparedness in four key areas: Finance, Operations, Revenue/Profit, and Planning. Don’t miss out on this opportunity to optimize your exit plan for success.
Control the Timing, Method and Proceeds of Your Exit Free Owner Planning Tools from the award-winning Book
Your Exit Map: Navigating the Boomer Bust is the companion to the exit planning resources on this site. Richly illustrated in full color, it provides a detailed guide to the process of controlling your transition.
What is Exit Planning? Educational Resources
Exit planning is a crucial process for business owners, as it involves the transfer of their business, which may be the biggest financial transaction of their life. The strategy for this transfer could include succession planning to the next generation of families, sale to employees, sale to another entrepreneur, acquisition by a larger company, or an orderly dissolution.
To successfully execute this plan, tax, legal, financial, operational, and risk management expertise is required. Coordinating all these skills for a single objective is essential for effective exit planning.
Exit Planning Takes a Team Your Advisor Team
A successful transition plan, be it to family, employees, or a third party, calls for collaboration from multiple experts, including accountants, attorneys, financial planners, and consultants. It is crucial to have a trusted advisor by your side who can grasp the intricacies of transferring a business and advocate for you during the process.
To achieve your exit objectives, your team should prioritize them, taking into account your post-retirement lifestyle and the future of the company after you step down from running it. With the right team in place, you can make a smooth and profitable business transition.
Read our experts’ tips and recommendations.
Exit Planning Tools: The ExitMap® Assessment for Business Owners
The First Step to Understanding the Complexities of Preparing a Company for Transition
The ExitMap® Assessment questionnaire is an essential tool for business owners who want to plan for their company’s transition. With 22 questions, the questionnaire provides a comprehensive evaluation of a company’s readiness for change. The resulting 12-page summary report is of high quality and will be delivered to your email. The report analyzes four major categories of readiness, including Finance, Planning, Profit/Revenue, and Operations, and ranks your overall preparedness for transition. Whether you’re just starting to think about exit planning or want to assess your company’s current standing, the ExitMap® Assessment is the first step to take. Don’t wait any longer, optimize your exit plan and ensure a successful transition with the ExitMap® Assessment.
