Essential Exit Planning Tools
Your Exit Map: Navigating the Boomer Bust is the companion to the resources on this site. Richly illustrated in full color, it provides a detailed guide to the process of controlling your transition.
Exit planning is the process of developing a business owner’s strategy for what may be the biggest financial transaction of his or her life… the transfer of the business. That strategy may be a succession to the next generation of family. It could be a sale to employees. It may be a sale to another entrepreneur, or acquisition by a larger company. In some cases, it could require an orderly dissolution.
In every case, it involves tax, legal, financial, operational and risk management expertise. No one practitioner has all the knowledge required for every aspect of the plan. Exit planning, in the true sense of the word, is coordinating all those skills so that they work together for a single objective.
Recent Exit Planning Posts From
Awake at 2 o'clock? Plan... Build... Exit... Enjoy.
Quality of Earnings Part 2: Hidden Expenses
by John F. Dini on June 11, 2017 at 4:40 pm
In my last post we discussed quality of earnings audits from a revenue perspective. Customer concentration, marginal lines of business and contracts are the three most common revenue traps. If you are comfortable with your company’s strength […]
Quality of Earnings Part 1: Revenue Traps
by John F. Dini on May 21, 2017 at 4:22 pm
This will be the first of several columns on quality of earnings. While a formal, third-party Quality of Earnings Study is more often seen in mid-market transactions, even small business owners should be aware of the factors that can cause … […]
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 consists of 22 questions and produces a high quality 12-page summary report which will be emailed to you. The report ranks the overall preparedness of a company for transition and provides a breakdown of the four major categories of readiness; Finance, Planning, Profit/Revenue and Operations. If you are a business owner just starting to think about exit planning or if you just want to know where you and your company stand, this is your first step.