When it comes to selling your business, there are more combinations of outcomes than a game of chess. Maybe that is why only 1 in 5 businesses listed with a business broker ever actually sell. Think about that for a moment; only 20% of businesses that go on the market are ever sold. In America, the average small business owner has nearly 75% of his or her net worth in the company. The single biggest financial transaction of your life deserves special attention.
An exit plan needs legal, tax, risk and wealth management expertise to be successful, but it also requires a practical examination of the operational strengths of your business. Selecting one professional to manage the efforts of everyone, and to help keep you on track, is a wise investment.
To find out how well you are prepared for a successful transition, take The ExitMap Assessment©. This 22-question multiple-choice Assessment is FREE and focuses on the current state of your company and your future goals and plans.