Why an “Exit Strategy”?

Three Main Reasons

• There is far more to selling the business than the sale itself.
• Selling your business for a higher price may not be the best way to maximize financial yield.
• There may be tens or even hundreds of thousands of dollars at stake in your transition.

Making a decision prior to discovering and understanding your best options may be the most expensive decision of your career. In addition, when considering selling your business, preservation of your assets usually takes priority over acquiring more. Thus....

SUCCESSFUL EXIT STRATEGY = ASSET PRESERVATION

"When all is said and done, it is the quality, competency and creativity of the advisors you select that largely determines your success."
- Bruce Wright, "The Wright Exit Strategy"

Many times business owners cannot see past the sale of their business. However, questions need to be answered:

• Am I still working when I don't need to be?
• In what form do I need a cash flow?
• Is it better for me to personally hold my assets?
• What other entities may be available, and why?
• What tax shelters are available?
• Is it better to pay taxes now or later?
• Is it in my best interest to give cash or assets to my heirs while I'm still alive?
• What will happen to my estate if I or my spouse were to pass away?
• Does my estate plan consist of the necessary cohesive trust(s) and will?
• Am I taking advantage of every helpful point of law?

At Exit Strategies, Inc. we surround you with a transition team to answer these questions and dozens more. The level of commitment to our transition team's abilities and resources are directly related to the achievement of our goals.