Why exit planning?

At some point, you are going to leave your business.

The question is WHEN? And on WHAT TERMS?

An exit plan is written for the succession or transfer of a business’ ownership and control. This plan is derived from the owner’s goals, an analysis of the available options and a thorough review of the financial consequences.

The Six (6) Step Exit Planning Process

1. Establish exit goals
2. Analyze financial and mental readiness
3. Discover the type of owner you are
4. Learn your exit options
5. Know the value of your exit
6. Execute plan – protect your wealth

Exit planning is a process, not an event. A holistic review of your wealth and goals is the first step.

“Begin with the end in mind.” — Stephen Covey, The Seven Habits of Successful Living

If the time comes, are you ready to exit your business?

Business Exit Readiness Index Survey

How dependent is your business on you?

Owner Dependency Index Survey