Exit Planning

Did You Know?

Vistage surveyed more than 400 business owners about their exit plans. Some key findings:

75% had more than 50 percent of their net worth tied up in the business
The majority did not know the value of their business
85% had no exit plan whatsoever (those who did were all over age 65)
Most anticipated selling their business at a "round" age like 50, 55 or 60
85% said they would sell now if they were "sick, losing money, the competition was killing them, or they got a great offer"

Is This YOUR Exit Plan?

How Prepared are You?

Seven Strategic Questions

1. What are your exact retirement goals and what it will take —in cash — to reach them?

2. Do you know how much your business is worth today, in cash?

3. What is the best way to maximize the income stream generated by your ownership interest?

4. What is the best way to sell your business to a third party and pay the least possible taxes?

5. Do you know how to transfer your business to family members, co-owners, or employees while paying the least possible taxes and enjoying maximum possible financial gain?

6. Have you put together a continuity plan for your business if the unexpected happens to you?

7. Have you created a plan to help secure finances for your family if the unexpected happens to you?

If you cannot answer "YES" to these questions, our proven Seven Step Exit Planning Process will help you find the answers.