Exit planning is a multi-disciplinary approach to enable business owners to maximize the value of their business, align business and personal goals, and exit on their own terms. The process includes assessing the true value of the business, identifying clear goals for the future, and coordinating diverse professional disciplines needed to help the owner exit successfully.
There are four essential steps every business owner must consider, and each step will address a wide spectrum of issues. The process is often iterative and is best approached with a few initial questions, and refined over the course of the planning process.