From Success to Significant – Are you and your business ready for your next act?
99% of business owners agree that having a transition strategy is important both for their futue and the future of their business.
And yet…
79% of the very same owners surveyed reported having no written transition plan.
49% said they have done no planning at all.
THE SOLUTION
Paradigm Shift #1:
Exit Strategy IS Business Strategy
Paradigm Shift #2:
Value is All About Transferability
Paradigm Shift #3:
Adopt a Framwork
- 80-90% of owner’s wealth is trapped in their company
- 60% of owners do not understand their exit options
- 50% of transitions are involuntary, forced exits
- 40% of owners want to sell within the next 5 years
- 30% said they have no plans to transition at all
Challenge #1:
Many Owners Are Unprepared
- Uncertainty
- Confidentiality
- What next?
- Not urgent
- Misinformed
Challenge #2:
50% of Exits Are Involuntary
- Death
- Disability
- Divorce
- Distress
- Disagreement
Challenge #3:
Not Focused on Value
- Owners are leaving cash on the table because they’re focused on income generation and not focused enough on enterprise value.
VALUE ACCELERATION STRATEGY
DISCOVER
- Annual Business Plan
- Annual Personal Financial Plan
- Prioritized Implementation Plan
PREPARE
- Personal Financial Planning
- Business Improvements
- Risk Mitigation
DECIDE
- Decide whether to Grow or Exit
- If Grow, go to advanced value creation
- If Exit, initiate desired exit option