What is exit planning?
Oftentimes, we meet business owners who live for the excitement of building their business. We love this enthusiasm, it’s what propels our clients to be successful business builders, and successful in our program. It’s not enough to just build a successful company, you also have to have an exit strategy plan.
Exit planning is the strategy a business owner(s) takes to prepare a company for transfer or ownership to another business or individual(s). The ultimate goal is for the business to have the tools to function without the owner.
maximize the value of your business
A company exit plan will help ensure that business value is maximized at time of exit. Business owners work really hard in their business. Many times, when it comes time to reap the rewards, too much is left on the table. With exit planning strategies in place, the business is kept heading in the right direction. If an owner is unable to keep the business going, not having an exit strategy may result in weak decision-making by those unprepared to take care of it, or the business getting stuck without clear direction.
We work closely with our clients to develop an exit strategy plan that is right for them and their company. As a family-owned business ourselves, with many clients who are also family-owned, we are well versed in a generational transfer. Strategy Leaders helps clients build a family succession plan that encourages the next generation of owners to join in on our strategic planning sessions.
Most business owners
- Work harder than they have to
- Make less than they can
- Leave a lot on the table when they exit
Some business owners have learned how to get a very different outcome:
- Long-term growth
- Peace of mind
Without an exit planning strategy, regardless of the amount of time, money and effort invested, the business delivers less than it can. With an exit strategy, business owners get more of what they want.
Next Step? Invest a little time, explore the next level for your business. Call us today! 877-238-3535