Preparing to exit can be scary, but it doesn’t have to be.
Is your business ready to supply the additional cashflow and profits needed for a transition?
Are you hoping to sell your company, but get bogged down by the complexity of the process?
Do you feel it’s time to move on, but aren’t even sure what your business is worth?
Do you plan to retire in the next few years, but aren’t sure what you should be doing now to set yourself up for a successful exit?
KPIs, EBITDA, YOY — the onslaught of acronyms involved in running a business with financial fluency are intimidating — but being able to speak about your data with confidence is essential when planning to exit.
Helping owners prepare to sell their business is one of our biggest thrills as financial coaches. We help executives prepare their businesses to earn top dollar, prospect exit options, support in determining valuation, identify sales leads, and provide our expert insight along every step of the acquisition process.
Curated Content for Owners Preparing To Exit
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If you own a family business and are interested in increasing its worth in preparation to eventually sell your business or ready to begin succession planning, The Prosperity Playbook: Planning for a Successful Family Business Succession shows you how.
The genius of this step-by-step process is that it works for every business in every phase of its growth. Both new businesses and old can benefit from taking an honest look at where they are and where they want to be. Best-selling author and financial expert Mackey McNeill has developed a proven innovative process that she now shares with business owners in her latest book, The Prosperity Playbook.
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You won’t find this metric in any finance or accounting literature. It’s a MACKEY-created metric to help owners understand their true ROI.
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To prepare your business for market, you need to have a financial plan for yourself. It seems obvious, but you’d be surprised. Having a personal financial plan allows you to go to market effectively because you have a concrete understanding of your needs.