Do you know how you are going to exit your business?
You may wish to leave your business for a variety of reasons. It could be your retirement, or or you may want to sell to someone or you may wish to hand your business to your successor. Or perhaps your business didn't do well. Whatever the reason, it is better to make a exit plan.
Carefully planning your exit from the business can help you to mould your business into the ideal shape for your chosen exit option, maximising the value you get from it.
There are few exit strategies which you can plan for your busines for the future
Business Sale: The most common exit strategy for any business owner is to sell the business to someone else or to some other company.
Business Merger: Merging with another company to establish a value on each company, and then combine the two to form one bigger company.
IPO: If the business is sizeable IPO could be an option to get the better value for the business
Liquidation of assets: This could be an option If the business don't have any debts, with some assets, and busines can also achieve liquidity by winding down its operation and selling the assets.
Buyout: If the business is in professional services industry getting bought-out by someone who comes in and takes over your business can be an exit strategy.
Whatever the case is we can help you in your exit planning whether selling your business, transfer of ownership or liquidation process. Please free feel to call us for a non-obligation discussion to plan your exit.