|
EXIT
PLANNING
RUN YOUR BUSINESS SO YOU CAN LEAVE IT IN
STYLE!
Click here to subscribe to our FREE newsletter
"The Exit Planning Review"
Exit Planning is a deliberate, adaptable, and customized approach that we use to help the privately-owned business owner prepare to leave your business on your own terms. An Exit Plan will serve as a roadmap to guide you to the successful transition of the ownership of your business.
Dovetail partners with you, the business owner, to conduct a comprehensive review your business. We help you define your motives and goals for the transfer of your business and determine the best transfer choice to meet those goals.
Deciding who you want to transfer the ownership of your business to is an essential early step. There are typically seven options for transfer from which you need to choose:
- Employees – ESOP or Management Buyout
- Charitable Trusts
- Family
- Co-owner(s)
- Third party – 100%
- Third party – Partial Sale
- Public
Successfully leaving your business is much like winning a NASCAR race. Our goal for you, the driver, is to experience the wave of the checkered flag. All race plans include careful preparation of the car, driver skill and experience, crew skills and a well-conceived and well-executed race strategy.
Business owners win their ultimate race when they leave their company on their own terms and schedule. The process that savvy business owners are using to achieve this victory is commonly known as “Exit Planning”.
|