YOU ARE NOT ALONE.
Have you thought about exiting or merging your business? Is your wealth and liquidity locked up in your company? Do you know how to convert the value of your company to cash? Does the idea of selling your business seem overwhelming, yet exciting?
If you have thought about selling your business, but don't know how to begin, you are in good company. Nearly 50% of successful business owners hope to exit their companies within the next five years, but the Small Business Administration (SBA) notes that, “At any given time, 40% of US businesses are facing the transfer of ownership issue” and “the primary cause of failure is lack of planning.”
The exit assessment + CheckList
At Exit Advisors, we have a planned process to assist business owners with this transition. The undertaking could take anywhere from 1 year to 10 years, depending on the value that you seek to properly retire and enjoy life after operation of your business.
We have an exit planning assessment questionnaire available to determine your timing and the possibilities exist.