Exit planning for a business starts when the business begins. It is important to begin your business with the end in mind. Establish processes, procedures, and structure that will create value within the company separate and apart from your personal efforts.
In order to maximize transfer value, an exit strategy should be developed about five years before the transfer is contemplated. This may seem like a long time, but depending on the size of your business, you may need to have multiple advisors on board, all speaking the same language and all pursing the same goal (YOURS!). The best way to do that is a well written exit plan.
We have the business experience and access to the tools to assist you in the exit planning process.