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Exit Strategies

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Selling your business when it’s time for your ‘great escape’

It may be a high priority for the near future or something to mull over the longer term, but the need or desire to sell their company for most business owners over the age of 50 will eventually become reality and, with the proper measures and advisers in place, this critical transaction can be conducted with minimal stress.

Selling or transferring a company is a process that, to be successful, requires a written plan. This plan should set your exit objectives—financial and otherwise—and document how you will achieve those goals.

A checklist assigning responsibility for all tasks that must be completed throughout the exit planning process is vital. This roster should also set task completion dates and designate parties responsible for completing each task.

Executing an exit plan should not be a solo endeavor. If you go it alone, you will likely leave a lot on the table—in terms of money, time and perhaps even your emotional well-being. It may be in your best interest to hire an experienced team of professionals, including a trained exit planner, an attorney, CPA and financial advisor.

Read More at LifeAfter50.com

Subscribe to comments feed Comments (8 posted):

http://www.vansfranceofficiel.fr on 04/09/2015 02:46:35
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some American police see it as a threat -- and they want Google to do something about it.
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http://www.ressources-webmaster.fr on 04/09/2015 02:56:06
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These critics hope to muster support from law enforcement groups and push Google into disabling the feature so that it's not relatively trivial to "stalk" uniformed people from a phone.
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www.valbuena.fr on 04/16/2015 01:43:55
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I'm not just retiring from the company, I'm also retiring from my stress, my commute, my alarm clock, and my iron.
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www.soccerteams.fr on 04/22/2015 01:30:46
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Let look over the horizon and speculate about what the future holds for annuities.
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http://www.mavieacroquer.fr on 04/28/2015 08:22:56
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http://www.retirementcommunity.com/news/finance/index.1.html
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www.eternalbrilliant.it on 04/29/2015 02:10:53
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Conversely,I think it's a selecting process,knowing what's the most important and what's the least.And then be a simple man.
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jual hajar jahanam on 05/05/2015 03:11:17
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pusat dan supplier penjualan hajar jahannam dimana hajar jahannam ini terdiri atas dua produk yaitu hajar jahannam cair dan hajar jahannam batu yang berfungsi untuk memuaskan istri jaminan tahan lama 3 jam di ranjang.
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http://www.lancelpascherfr.fr on 05/08/2015 00:48:01
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http://www.retirementcommunity.com/news/finance/index.1.html
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