Exit Planning is the creation and execution of a strategy to allow owners to exit businesses on their terms and conditions. It is an established process involving the creation of a written roadmap, called an Exit Plan, and including the professionals who have previously served the client—like lawyers, accountants, and managers. David A. Cole can ensure that the plan is executed in a timely and efficient manner.
There are more than 200 million businesses in operation in the United States. In the next 10 years, an estimated 69 percent of business owners will seek an exit, meaning they will either sell through a third-party acquisition or transition ownership to a family member or other business associate. That means two-thirds of all business owners will be navigating the largest transitions in their businesses soon. Prepare yourself to help them direct this process. Employing the aid of an Exit Plan will help your clients rest in the expertise of David, as well as the services you’ve always provided, all while meeting their new professional and personal goals for themselves and their businesses.