Sell Your Company
Mastering Exit Strategy: Craft Your Plan, Cement Your Readiness, Command Your Performance
PLAN
- Draw a line in the sand for your date to Exit.
- Identify the key growth factors and corrective actions needed in current operations.
- Set achievable revenue and profit margin goals.
- Identify key employees in your Company with potential to take over day-to-day operations.
- Put together your Transaction Team of Investment Banker, CPA, Attorney, Financial Planner
PLAN
- Draw a line in the sand for your date to Exit.
- Identify the key growth factors and corrective actions needed in current operations.
- Set achievable revenue and profit margin goals.
- Identify key employees in your Company with potential to take over day-to-day operations.
- Put together your Transaction Team of Investment Banker, CPA, Attorney, Financial Planner
PREPARE
- Run your Company with your Exit in Mind.
- Build Equity in your Company with strong Profit Margins and move beyond a Lifestyle Company.
- Have a CPA prepare Reviewed Financials for the past three years.
- Have a written Financial Policy.
- Develop and promote key employees to take over the day-to-day running of your Company.
PREPARE
- Run your Company with your Exit in Mind.
- Build Equity in your Company with strong Profit Margins and move beyond a Lifestyle Company.
- Have a CPA prepare Reviewed Financials for the past three years.
- Have a written Financial Policy.
- Develop and promote key employees to take over the day-to-day running of your Company.
PERFORM
- Stay Focused on the Performance of Your Company.
- Allow your Transaction Team to Do their part in your Process to Sell.
- Respond quickly to requests for information needed by a potential buyer.
- Two things can kill deals – Time and Surprises.
- Understand a Deal can die several times before a successful closing.
PERFORM
- Stay Focused on the Performance of Your Company.
- Allow your Transaction Team to Do their part in your Process to Sell.
- Respond quickly to requests for information needed by a potential buyer.
- Two things can kill deals – Time and Surprises.
- Understand a Deal can die several times before a successful closing.
