Exit & Succession Planning

Exit Planning

For most business owners the sale or transition of the business will be the largest financial transaction and most sensitive business transaction of their business career. Something this important deserves advance thought, knowledge and preparation. Advance planning for a future business exit helps a business owner achieve maximum financial value and the most suitable deal structure.

Business Growth Resource’s Exit Planning Advisory Services focus on:

  • Understanding basic transaction terms, types, structures and fundamentals
  • Defining the future exit plan that may be right for you – and a “Plan B”
  • Strategies for building and maximizing long term value
  • Key drivers of business valuation
  • Assessing the risks to future valuation and/or a successful deal
  • The role of outside advisors and the value of advance tax/legal planning
  • When, How and Who

Succession Planning

A business exit or transition of any type frequently depends on a solid management succession plan which provides stability for future owners and leaders. This is especially critical for a family business.

Business Growth Resources offers a variety of services and programs designed to build and bolster a successful succession plan, including:

  • Entrepreneurial Operating System (EOS) is a comprehensive business system, integrating a holistic business model with a complete set of simple business tools. EOS is a proven business process to align and synchronize all the pieces of your business to help with your Succession Plan
  • Business Owner/CEO advisory boards (TAB) provide a sounding board of your peers to help a business owner in New Jersey vet and test the succession as it develops
  • Tools such as DISC, Tri-Metrix, EQ and 360 peer reviews provide a baseline for Executive Coaching for the key managers who are integral to your Succession Plan
  • Our Financial Consulting services help you identify the key strategic issues and opportunities which will need to be addressed in your Succession Plan

Please contact VRichards@BusinessGrowthResources.net to learn more about our Succession Planning and Exit Planning services