Business Exit Planning
Guidance to help you understand and plan for a successful business exit or transition.
Plan a smooth transition with a certified exit planning advisor from Journey Consulting.
As a business owner, exit or transition planning is one of the hardest things you’ll ever do. But early, thorough business exit planning is critical to a successful strategy . That’s why we make sure you understand everything that goes into planning a successful exit—personally, financially and organizationally.
As certified exit planning advisors, we’ll work with you to create a strategy for building value into your business, and an action plan that prepares you for a smooth transition.
The ROI of Great Exit Planning
One client sold the business for 20% above valuation
Local company increased business unit revenue 4x working with Journey Consulting
Journey Consulting client saw 98% growth in 2 years
You don’t plan to work forever …
but do you know what’s next?
You’re not the only business owner to ask that question.
That’s why we’ve put together a quick series of videos to answer some of the most common questions business owners ask when they start thinking about making a transition.
In this free video series you’ll learn answers to 5 critical questions to consider before selling or transitioning your business:
-
When to start thinking about your life after the business
-
How to make sure you’re ready to make the transition
-
How to get the business ready to succeed without you
-
How to understand the actual value of your business (and how to maximize it)
-
… and all the factors business owners often haven’t thought about as they begin to consider what retirement might look like
Good exit planning is good business strategy. And the better you understand it, the closer you’ll be to figuring out your next chapter, on your own terms.
Watch the video series.
Personal Readiness Part 1:
Personal Readiness Part 2:
Financial Planning For Exit
Business Attractiveness
Exit Readiness
During the Exit Planning process, Dan O'Neill was surprised to learn that what he considered valuable wasn't what prospective buyers would find valuable.
Get expert help preparing for the most important transaction of your life.
LET'S CONNECT!
Local Business Sells for
20% Over Valuation
A business with three partners came to us with a plan to sell within the next 2-3 years. Following a complete assessment from Journey Consulting, we determined the business and partners would get maximum value if they went to market immediately.
That decision resulted in a sale 20% higher than valuation.
The two younger partners were able to cash out, roll over some equity, and continue on in the business, while the older partner was able to exit and retire.
One of the biggest eye-openers was the question, ‘What are you going to do after this?’ For most business owners, your business becomes your identity. Journey got me to confront the hard question: ‘Who am I if not this?’ Now I’ve got a road map for what comes next, and I can rest easy knowing we have a plan.
— Lynn, Business Owner
A guided approach to business exit planning.
An exit or transition plan isn’t only about getting the business ready for you to move on. It’s about making sure you’re ready, too. And we’ll guide you through it. The Journey Consulting team will work with you to:
-
Assess your personal, financial and business readiness for an exit
-
Build action plans to prepare the business owner and the business for an exit
-
Focus on building business value, so the timing of an exit becomes far less owner-dependent
Business exit planning is simply good business strategy. We’ll help you make sure everything is in order, so you can focus on enjoying your next chapter.
Are you beginning to think about business exit planning?
Get in touch with us today to speak with a certified exit planning advisor.
We’ll guide you through it.