Entrepreneurs should think ahead about the type of business exit strategy they will utilize when the time comes. Many people start their own business with the goal of passing it down to their children. This type of strategy should be addressed in connection with Business Succession Planning. Business Succession Planning involves the goal of pursuing the best option(s) for ensuring the continuity and longevity of the business.
Then there are those business owners that have an eye towards the day when they sell what they’ve built for a handsome profit. This is a business exit strategy. It is an entrepreneur’s strategic plan to sell his or her ownership in a company to investors or another company This type of strategy involves a strategic plan in which our team, working with experienced brokers will assist you in “valuing” your business. They will present you with only viable buyers with sufficient resources to purchase your business. Our team then will negotiate on your behalf the best possible purchase outcome.