Business Exit Preparation
You’ve built a successful business… Now what?
As an owner, you’re ready for almost anything. You’ve had every situation thrown at you and you’ve handled it. But recent data shows that even the most affluent and successful business founders struggle with one common problem: regret as to how they handled leaving their company.
This has two major elements:
- The price they received for their business and the legacy they left; and
- How prepared they are – personally – for retirement where all the demands and achievements of running a business have disappeared.
Are you personally ready for what should be the happiest day of your life?
Your future vision
Why do you want to exit your business? What do you plan to do after you leave your business?
How much is your business worth to you? What’s your bottom line? Have you considered the practical financial questions surrounding your exit?
How attached are you personally to your business? Have you built a fulfilling life outside of your company?
Have you considered how your employees will be treated when you exit your company?
Your detailed PREScore Report
As a measure of your Personal Readiness to Exit your business this includes a summary of unseen factors to avoid in moving to exit and avoid post-sale regret.
The Exit Checklist: A five-step personal action plan for a happy – and lucrative – exit from your business.
Business has only two functions – marketing and innovation.