Design an exit strategy for the most important financial transaction of your life
Set yourself up for the life you want. Sooner or later, every owner will leave his or her business. Beginning the exit planning process early brings many benefits and can radically change your lifestyle in retirement.
The sooner you start planning for your business transition, the more likely you’ll be to double or even triple your eventual selling price. Having an exit plan in place also leaves you well prepared for any unexpected life transitions.
Working with a TAB business coach on your exit planning will help you:
– Maintain control of the sale process –
– Reduce taxes on the sale of the business –
– Exit at the time and under the circumstances of your choosing –
– Maximize the proceeds to support your lifestyle in retirement –
Build Your Exit Plan with Expert Insights
Effective exit planning requires expertise in a range of key areas: operations, tax, management development, finance and law. It also helps to have an objective view of your company’s exit preparedness.
Working with an exit planning coach brings the benefits of expert insight without a sales pitch. At TAB we build comprehensive exit plans centered on the unique objectives of each business owner – and help make sure you execute them.
We approach every engagement as business experts, experienced project coordinators and leaders of a team. We can work with your current advisors, or recommend a number of qualified practitioners.
Seneca the Younger, 50 BCE
How Prepared are You to Exit Your Business?
Recent surveys indicate that 85% of all business owners plan to sell to a third party in the next five years. Significantly, however, business brokers only successfully sell about one in five listings. The sheer number of retiring entrepreneurs guarantees that only a small number of owners will successfully sell their businesses on their own terms. Planning ahead can help to ensure you meet – or even exceed – your goal.
Would you like to know all of your exit options? We will assess your company’s attractiveness to buyers to give you a complete picture of your choices.
Revenue / Profit
Take Our Free Exit Preparedness Assessment
We start every engagement by asking that you complete our 15 minute ExitMap® questionnaire. It is a complimentary Assessment that examines your exit preparedness in four key categories: Operations, Planning, Finance and Revenue/Profit.
The multiple-choice questionnaire produces a 12-page summary report that breaks down your responses by category and will be emailed to you without obligation. Please note that you will not be asked for confidential financial information.
After receiving your report, we will contact you to schedule a follow up debriefing to discuss your exit preparedness.