If you are like most business owners, your days are fast-paced, your activities varied and your time precious—it’s likely that you are among the 87% of owners who have no written exit plan. Yet, despite the value you’ve created in your business, you will exit at some point and need to figure out how to reap the fruit of your efforts while leaving a successful, ongoing business legacy.
Are you ready to exit your business or transition to a new role? 90% of closely held companies don’t have a documented exit plan or transition strategy for the owners. Worse yet, 90% of those strategies that do exist aren’t effectively implemented.
These results are driven by three factors: Continue reading Exit Planning Readiness Test
Exiting the business you have built can be taxing. It means giving up what you have created: or does it? Many founders are choosing to transition to a new role in their business doing what they love to do, rather than exiting. Regardless of your thoughts, 90% of business owners don’t have a plan and haven’t done the necessary exit planning. How ready are you? It is an emotional decision Continue reading Exit Planning or Transition Readiness Survey