Product Description
This book provides a simple to use process by which business owners can measure their financial and mental readiness to exit their business and then easily examine the exit options available to them. Because the marketplace of advisors is fragmented and very few offer a comprehensive solution to the business owner, many owners are often on their own with the initial development of an exit strategy. This book gets them heading in the right direction. The tentative contents is: Part One--Exiting a Business Is a Process, Not an Event; (1) Don’t Limit Your Exit Strategy with What You Don’t Know; Part Two--Four Quadrants of Exiting Owners; (2) Setting Exit Goals; (3) Are You Ready to Leave; (4) Which Quadrant Are You?; (5) Explanation and Application of Exit Options; Part Three--Critical Exit Strategy Planning Areas; (6) Can You Find an Exception that Minimizes Transfer Tax?; (7) Estate Tax Planning and Your Business Exit Strategy; (8) Deal Structuring: When Will You Get Paid?; (9) What Is Due Diligence and Why Does It Matter; (10) Legal Agreements You Need to Know; (11) How to Work with an Advisory Team; Part Four--Conclusion; (12) The Last Mile: Forming the Exit Strategy that Meets Your Goals.