Business Exit Planning
Guidance to help you understand and plan for a successful business exit or transition.
DEMYSTIFYING PRIVATE EQUITY: What Is It? How Does It Work? When Is It the Right Option for a Business Owner?
There are many options for business owners to exit their business. Private equity is just one vehicle that a seller can choose to provide a partial or full exit. Join our panel of private equity firms to share their perspectives.
Save the Date:
Wednesday, February 17, 2021
Time: 4:00 P.M. – 6:00 P.M.
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.
Local Business Sells for
20% Over Valuation
Recently, 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.