Do You Have a Business Exit Strategy?
Have you ever thought about putting together an exit strategy for your business? Most of us maybe think about it but consider that a future event.
A recent survey had 99% of Business Owners agreeing with this statement:
“Having a transition strategy is important both for my future and the future of my business.”
However, the same survey showed the following:
– 79% had no written plan
– 48% had done no planning at all
– 94% have never thought about what is next after they exit
Exit planning is not about leaving your business today but putting a plan together for the future. An effective written exit plan is a critical strategic business tool that will create more income today, empower your employees to continue to grow your business, create owner independence and real value for the next owner.
Whether you are looking to exit in the near term or longer term you will want to join me on March 25th. I will be hosting a workshop from 9:00 -10:30 am at the Venture X location in Bethlehem. During our time together we will have an interactive discussion on what exit planning is, reviewing the steps needed for plan development and the important considerations to drive real value into your business.
Business Owners – Exit Planning Event
Date: March 25 th
Time: 9:00-10:30 am
Location: Venture X (Conference Room A), 306 South New Street, Bethlehem, PA 18015
To ask questions via email or call CEPA certified strategist Byron Roth of The Alternative Board – Lehigh Valley at 908-391-4776.