Exit Planning
Exit Planning is a process we use to empower owners to transfer their business when they want, to whom they want for the amount of money they need.
It is an irrefutable fact that all business owners one day, will leave their company. Whether they do it on their own terms depends on the planning they do, typically well in advance of their exit date.
"The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let his successor run the company."
--Management guru Peter Drucker
This economic downturn has not repealed aging
Baby boom business owners who planned to sell their companies in 2008, 2009 and 2010 will likely delay their exits until after 2011 hoping to see an improvement in multiples in the M & A markets. And aging boomers hoping to retire will continue to enter the market. This glut of companies for sale will keep downward pressure on multiples and will assure that only the best managed, best prepared companies will sell for top dollar.
Business owners must prepare NOW for their future departure and consider a broader range of options to make the right choice for their exit.
Our Firm:
Our principals each have over 25 years serving the needs of both middle market companies and the Fortune 500. Our network of attorneys, CPAs and other trusted advisors acts as an adjunct planning team to all of our clients.
Our Proposition:
We take our clients through a systematic planning process which prepares them to exit their company successfully--by their own definition. The process is designed to bring results. The written plan is a step by step plan of action, with deadlines and accountability built in.
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