You’ve devoted a lifetime
building your business. It was your drive, dedication, planning, superb
execution and perspiration that made you successful. Your exit can be
equally successful IF YOU DO THE JOB RIGHT!
Exit Planning...it’s about what
you walk away with. To maximize what they take, smart business owners
begin planning their exit early.
Consider this:
"At any given time, 40 percent of U.S. businesses are facing
the transfer of ownership issue. The primary cause for failure ... is
the lack of planning."
-- Small Business Administration
- Most owners don’t know there is a proven seven
step Exit Planning process.
- Most owners are ill prepared for their
exit–probably the most important financial transaction of
their lifetime.
- Most owners are intimidated by the very thought of Exit
Planning. An honorable advisor, well trained in the Exit Planning
process, can make all the difference–the difference between
anxiety and peace of mind.
- Most owners of family businesses don’t know that
less than 1/3 transition to the second generation; less than 10%
transfer to the third generation and less than 1% transition to the
fourth generation. It does not have to be this way.
"Genius is 99% perspiration and 1% inspiration"
-- Albert Einstein
How ready are you?
Answer these questions to find out.
