Business Exit Planning
Whether your plan is to sell your business now or be ready to sell in the coming years it's vitally important to understand your options, develop a strategy, and exit plan that will take you into the next phase of your life.
What is exit planning
Exit planning is the preparation for the exit of a business owner. Every business owner or management team needs an exit plan. Life and business is unpredictable and you need a plan to deal with the unpredictability. If you intend to sell your business, you will also want a firm exit strategy to ensure a streamlined transition.
does your business have an exit plan?
A properly executed exit plan answers the following questions and others:
– What will happen to my business if I die tomorrow?
– What should I do if I receive an unsolicited offer to purchase?
– If I sell my business, how will I transition out of my role?
broadcreek's exit planning services
At BroadCreek, we partner with small business owners to create strategies to reduce risk and increase the value of their businesses so they can sell and exit at a high price on their terms. The exit planning process is a multi-step plan designed to document and refine your current business model, plan for your businesses future in order to extract the most value out of your business, and exit on your term.