Business Exit Strategy
The typical business owner has 70 to 90 percent of their worth tied up in their businesses. Unfortunately, 70% or more will fail to either sell to a third party or transition to the next generation successfully. Of business owners that are successful, 75% wish they had not sold as they weren’t prepared for their life afterwards. Exit planning is a business strategy focused on exponentially increasing the value of the business, improving the chances of success of the next generation, and improving the exiting owner’s chances of a fulfilling lifestyle post exit.