Exit Planning with Access Business Advisors
An exit plan is a comprehensive road map that helps business owners successfully and profitably exit a privately-held business. It is strategically designed to assist in the decision-making process and illustrates how crucial decisions will be made to facilitate the exit. The Plan also addresses all necessary topics regarding personal, professional, and financial issues in conjunction with preparing the business owners, their families, and in some cases key employees for transition.
When you engage the guidance of a skilled business advisor at Access to assist in planning and preparing for the strategic exit from your business, it allows you to focus your energy on what you know best — running your business — knowing that you have a trusted advisor keeping the strategic plan on track.
An Exit Planner is an important professional to have on your team of advisors. This advisor can help you prepare to leave your company and alleviate the stress of its eventual sale while you focus on operating your business and increasing profits so you, in-turn, will receive the best possible price.
Creating an Exit Plan is less stressful when owners know and understand their options and realize which option would support the kind of legacy they want to leave behind.
Knowing when to act and when not to act is a key component in all important decisions. Likewise, knowing when to keep your business and when to sell it can make a significant difference in the success of your exit and your future financial security. Take the “Keep or Sell Test” and review your answers with your CBB Planning Advisor to ensure that your timing is on target.
Access our “Keep or Sell Test” article here. A well-developed exit plan should illustrate the following key topics:
Access Business Advisors
Serving Greenville &
Upstate SC since 1992.
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Access Business Advisors
728 N Pleasantburg Dr
Greenville, SC 29607
“Mr. Martin and his staff at Access Business Advisors are thoroughly professional and confidential and they absolutely excel at what they do. I would highly recommend them to business buyers and sellers alike. I have engaged Mr. Martin and Access twice in the last two years to sell my businesses and could not be happier with their performance.”
“I wanted to convey my sincere gratitude for the service you provided to me and my company during the selling process. I feel quite fortunate to have found you and your company. You grasped the concept of my complex business and promoted it most effectively, producing several interested buyers.
“Your efforts were extraordinary in helping us obtain the proper buyer. You worked tirelessly in your efforts to close the deal. Your expertise and diligence were particularly noted and appreciated…You made us many promises when we listed and you kept them all!
”You were professional at all times, answered phone calls promptly, brought good qualified buyers to the table and got the job done in a time frame that was much quicker than I anticipated. I will be happy to recommend you and your company to any prospective buyer.