Take our 15-minute Exit Readiness Assessment, and we’ll schedule a complimentary one-hour video debriefing to discuss your business, your goals and your options.
Exit planning is simply a strategic plan for achieving what you seek from your business.The transfer of your business will most likely be the biggest financial transaction of your life. It may be a family succession, a sale to employees, a sale to another entrepreneur or acquisition by a larger company. Your plan should be focused on your goals for the business.
Four free tools to help you begin your thought process:
• The Owner Centricity Quiz: Measures your company’s reliance on you.
• Personal Vision Guide: What, exactly, do you plan to do next?
• Beating the Boomer Bust eBook: Why has planning become so important?
• Exit Option Flyers: Infographics describing each succession strategy.
How Dependent is Your Company on YOU?
Whether you are beginning to plan your eventual exit from the business or are just seeking greater operational efficiencies, the Owner Centricity Quiz (OCQ) provides a valuable overview of the areas and functions most dependent on you.
Owner Centricity can be a value killer in any company. We use the OCQ to help owners prioritize delegation responsibilities and identify areas where management may be under performing.
Ownership should mean…
FREEDOM!
If your business needs your constant attention, plan to spend considerable time (perhaps years) as an employee following your transition. Avoid being chained to your business both today and tomorrow!
A Management Succession Plan is your first step to complete freedom.
How Prepared are You for Life After the Business?
Entrepreneurs share one major trait. We are much better at moving towards things than away from them. After a lifetime of setting and achieving goals, moving to the next phase of your life needs to be exciting and attractive.
Our planning process helps you “Begin with the end in mind.” Try filling in this guide with the possessions, activities and lifestyle you envision after the business. Download your Personal Vision Guide.
Time Matrix Exercise:
Calculate the amount of time you work each week. Now, fill that time with activities you plan to pursue after leaving the business. Consider, three rounds of golf is only 15 hours a week. Two weeks of vacation each quarter is only 10 hours a week. It’s not as easy as it sounds! How will you fill the rest of your time?
Understand the Challenges of Transferring a Business
Beating the Boomer Bust is a downloadable eBook. It describes the impact of the Baby Boomer Tsunami on small business sales, and why preparation is so vital to a successful transition. The precursor to the award-winning Your Exit Map: Navigating the Boomer Bust, it includes a high-level overview of business valuation, classes of buyers, and tips for beginning your planning process.
Examine the overall preparedness of your company for a successful exit in the most competitive market in history by completing our Exit Readiness Assessment.
Choose Your Format:
We offer the Beating the Boomer Bust eBook in two formats. Select the one that works best for you.
5” x 7”
Best for tablets and mobile devices
8.5” x 11”
Better for hardcopy printing/reading
Your Exit Options
Printable Summaries of the three most common transition strategies.
Features contributions from top exit planning professionals nationwide. Articles are indexed by category: exit planning strategies, building company value, transfer options and enjoying your post-exit lifestyle.
Find more free exit planning resources at YourExitMap.com.
Professional Affiliations
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