As a business owner, you likely have plenty on your plate. You have a business to run, perhaps a family to care for, and many other responsibilities that require your time.
So, why should you consider pursuing exit planning? Can it help address issues relevant to you without eating into what little time you have?
Whether you’re thinking about exiting your business soon or expect to stay in your business for decades, exit planning can have positive consequences for you, your business and your family.
Exit planning uses an owner-centric mind-set. This means that exit planning focuses on your goals and desires. More specifically, exit planning works to position you to leave the business when you want, with the money you decide you need, and to whomever you choose.
Rather than adjusting your goals to fit into a strategy, exit planning adjusts the strategies around your goals, giving you more control and freedom over how you approach your business exit, no matter which exit path you choose.
This owner-centric style of planning often leads to three positive consequences.
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