Business Exit Strategy Planning

The old adage’ If you fail to plan  then you plan to fail “ applies to business succession  or exit planning. This type of planning  ranks up there with retirement planning-estate planning and creation of a will.  It takes skill and it’s a very big deal.  Sooner or later the  time is coming when the business will change  hands and it’s best for it to change  hands according to a well thought out and executed game plan that includes

  1. SWOT  identification of  strengths s weaknesses-opportunities and threats
  2. Increasing growth and profit
  3. Asset protection
  4. Working with financial and legal advisors
  5. Preparing for the business transfer and sale
  6. Preparing the marketing plan