Exit Planning is a business strategy!
An exit plan asks and answers all the business, personal, financial, legal and tax questions involved in transitioning a privately owned business.
It includes contingencies for death, disability, divorce, disagreement, distress and disease. Its purpose is to maximize the value of the business at the time of exit, minimize taxes, and ensure the owner is able to accomplish all his or her personal and financial goals in the process.
The Value Builder System will help you develop an exit plan. Get started now.
The Three Legs of the Stool
A Successful Exit Strategy Has Three Legs:
- Maximizes Transferrable Business Value
- Ensures Owner is Financially Prepared
- Ensures there is a plan for “What Next?”
Peter Christman | Cofounder of the Exit Planning Institute | Author of The Master Plan
Business owners live for the struggle of launching their businesses. But one thing they often forget is that decisions made on day one can have huge implications down the road. You see, it’s not enough to build a business worth a fortune; you have to make sure you have an exit strategy, a way to get the money back out.