FocalPoint Business and Executive Coach of Spokane, Washington, Keith Atneosen, is the founder of Freedom Summit Consulting LLC – where he guides business owners in preparing to transfer ownership of their companies. With a Master of Science in Financial Services, Keith Atneosen incorporates years of formal education with relevant professional experience and endeavors to help clients reach fulfillment and success! Business owners who want to prepare a sound business exit strategy to obtain optimal profit while minimizing any significant financial losses – consider requesting the services of Keith for reliable support!
The Purpose of Business Exit Strategies
A business exit strategy is selling ownership of your business. Common exit strategies include selling to an investor or firm, liquidation, passing your business on to a successor, or employee or management buyouts. Developing a business exit strategy customized according to the status and value of a client’s business helps them get the most financial return when they sell their business or reduce losses when their business experiences decline. For entrepreneurs, the optimal path to retirement hinges on having an effective business exit strategy.
How A Coach Guides You in Exit Planning
Keith Atneosen will tailor his advisory services based on your authentic vision of your future and the unique position of your business. Clients take professional assessments to determine their personal and professional goals and will compare them to others in their industry. Clients will receive clarity on the value of their business and will be able to review their exit strategy options.
Giving ownership of your business requires extensive assessments and reviews. Clients will answer critical questions to determine their exit strategy process, such as the following:
- How much debt has your company accumulated?
- Do you want to maintain some involvement in the future of your company? Or do you want to relinquish all control?
- Do you want to sell your business and its assets quickly?
- When considering merging with another company, what stipulations matter to you?
- If deciding on a legacy exit strategy, has your successor received mentorship? Will your professional relationship affect your personal relationship?
- Do you want to secure the positions of your team within your company after your exit?
- Is your company’s unique culture important to you? Are your managers and employees mentally and physically invested in sustaining it?
- Can you commit to acquiring the professional resources you need to have a sound business exit strategy?
A business coach with guide you step-by-step in the exit planning process to achieve clarity and ensure success. To request comprehensive exit planning advisory services, contact FocalPoint Business and Executive Coach of Spokane, WA, Keith Atneosen! You can book a consultation by calling 208-508-2416, emailing katneosen@focalpointcoaching.com, or clicking here to take the Business Growth Score assessment!
