Plan

After you understand and quantify your starting point, it’s time to create an effective Road Map that will lead you to your desired destination. 

For most business owners, a successful business exit is defined by achieving three goals:

1. Achieve financial independence that allows them to live the life they always wanted.
2. Do it within an acceptable timeline so they can still enjoy the fruits of their lifetime of work.
3. Choose the right successor; whether it is someone in their family, long-term employee(s), or third party strategic buyer

In addition many business owners also want to maintain family harmony during and leave a legacy for their children, employees, customers, and community.

A combination of well-crafted, thoughtful, and actionable Strategic Plan and Exit/Succession Plan provides necessary roadmap to achieving your post-business goals.