YOU’VE BUILT A SUCCESSFUL BUSINESS, BUT HOW DO YOU CASH OUT?

THE FACTS:

 

If you want to exit your business in the next 5 years & you don’t have a plan, you’re taking a big risk!

 

There is a wave coming of business transitions, as predicted by BDC:

  • 40% of business owners will exit in the next 5 years = oversupply for buyers

  • Only 1 in 10 small/medium companies cash out as planned

  • 85-90% of the average business owner’s net worth is in their business

  • 2/3 of small businesses are just closed when the owner retires; impacting your retirement, family, staff, community…

  • 80% of businesses put up for sale don’t sell

  • Of the 20% of businesses that do sell, the average sales price is 1/2 of what the owner thought it was worth

  • 30% of family businesses successfully transition to the 2nd generation; 12% to the 3rd

 

WHAT IS THE IMPACT ON YOU & YOUR FAMILY IF DON'T PLAN & ACT TO MAXIMIZE THE VALUE OF YOUR EXIT?

DOING IT RIGHT:

By planning all 3 phases of your exit; maximizing value before the sale, transacting value to retain the most cash & transitioning value to the new owners, you can:

  • Retire with confidence

  • Maximize the financial value of your exit

  • Provide a financial legacy for your family

  • Leave a sustainable, secure workplace for your people

  • Leave an economic legacy for your community

  • Know you’ve made a difference