You create a business strategy to start running your business with purpose and direction – naturally, you need an exit strategy to leave your business as efficiently as possible. Your exit strategy secures your estate, legacy, and philanthropic contributions in your next phase of life. It is essential to create an exit plan, or business owners risk losing their money, assets, and any significant say in the future of their company.
Hiring a certified professional such as a business and executive coach is invaluable to your exit planning process: I use data-backed business and financial assessments, analysis, and strategy to help you create optimal voluntary and involuntary exit plans. I utilize only the most necessary resources for cost-effectiveness and comprehensiveness.
Here’s what you can expect by working with me to create an exit plan.
WeSet an Exit Goal
I conduct a business and personal assessment to determine the ideal business circumstances in which you’ll begin your exit. For example, many entrepreneurs set a final revenue to achieve or want to reach a certain number of years in business to initiate their exit.
Voluntary and Involuntary Exit Planning
I offer my clients assistance in creating both exit plans to ensure no stone is left unturned. In cases where you have no choice but to exit from your business – such as a significant financial failure – you’ll need strategies to secure your finances and leave your business in as decent standing as possible.
We’ll Choose An Effective Exit Strategy
We will determine the optimal exit strategy to pursue. Regardless if it involves selling your business to a third party or your employees, we’ll identify the best course of action based on your business value, the vision of your financial future, and your wishes for your legacy.
Valuation
I use market analysis to identify your current market value to strategize valuation improvements to appeal to your ideal prospective buyers. Coaches create a strategy for your business to reach the optimal sales value needed to fund your exit.
Improve profit
I conduct financial assessments, such as a Comparative Benchmark Report and Projections Report, to create an action plan for financial goals to remain competitive in the marketplace and create a 5-10 year projection of your growth.
Estate and Legacy Planning
We secure your cash, securities, and assets and confirm their distribution to beneficiaries according to your wishes. I also offer generational planning to ensure we prepare your legacy to last through several generations.
Charitable Planning
We identify the charities, educational facilities, and philanthropic organizations you care about and secure your financial contributions to your chosen charities, allowing you to make a lasting impact on your terms.
Business owners and entrepreneurs who need a professional business coach and consultant to assist with exit planning can book with me today to get started.
