Business Exit Strategy Planning

IMPLICATIONS OF FAILING TO PLAN

All too often business owners spend years learning how to run and grow a business, yet fail to plan how to sell up or exit. The cost can be significant leaving owners unable to capitalise on their most valuable asset, the business, and squandering years of hard work.

Some of the most common consequences of failing to plan are:

• Your choice of exit option is not the optimum one for you or your business, as you do not achieve the maximum price or personal satisfaction.

• At the time of disposal your business is in a state that does not attract the best price.

• The implementation of your exit strategy is rushed and disorganised.

• You are not prepared for due diligence and are at the mercy of purchasers or investors and their advisors.

• You have failed to maximise your taxation and personal financial position.

• You are dissatisfied with the results of all the years of hard work.

IT IS NEVER TOO EARLY TO START PLANNING!

To help business owners plan for their exit we have devised the Business Exit Strategy Planning Process. Please see the pdf attachment below for more details or contact us to receive a postal copy.

Download our Exit Strategy Planning map here