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Business Exit Planning

Generally speaking, a business owner's company is the largest financial asset that the owner has. More often than not the business owner is relying on the sale of the company to fund his or her retirement, With proper planning, the owner can successfully transfer or sell the business to the chosen successor, within the owner's desired time frame and for the money the owner wants or needs to provide a financially secure post-business lifestyle.
At LA Business Pros, we utilize the proven Seven Step Exit Planning Process™ developed by Business Enterprise Institute, Inc. to help business owners maximize their business value and exit the business on their terms and conditions.
Over the past ten years, we have worked with hundreds of business owners that wanted to sell their businesses. From that experience, we know that a successful exit requires that the business owner establish three key exit objectives before moving forward towards the business exit. 
  • How much cash do you need when you exit to support the lifestyle you desire?
  • When do you want to leave the company?
  • To whom do you want to sell or transfer the company?
If you are contemplating transferring or selling your business within the next 3 to 10 years, now is the time to begin your exit planning process. The Seven Step Exit Planning Process™ will help you to:
  • Identify your exit objectives
  • Quantify the gap, if any, between your business' current value and the value needed to align with your objectives
  • Assess the Value Drivers that exist in your business as well as those that are missing, and take action to build and protect the business value.
  • Determine the optimal transfer structure based on your desire to transfer the business to your children, key employees, a competitor, a third party, etc.
  • Implement a series of recommendations that will allow you to sell the business when and to whom you want, for the money you want or need.
Every business owner's situation is unique. If you have questions or would like to discuss your specific situation, please give us a call at 818-781-0082 or Contact Us Today!

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Your Objectives Any type of plan is only successful if it achieves your desired objectives. When do you want to leave your company? To whom do you want to transfer or sell your company? How much cash do you want or need to secure your post-business life? Do you want certain employees to be benefited by the transfer? Do you want to pass wealth down to your children or to other family members? Your Financial Resources If you sold your company tomorrow for its present market value, would the cash you derived from the sale be sufficient to provide you with a financially secure post-business lifestyle? Is there a gap between the current value of the business and what you need for your financial security? Building and Protecting Business Value Do you know which Value Drivers exist in your business and which, if any, are missing? The term "Value Drivers" encompasses those things that build value in a company such as a strong and motivated management team. It also encompa...
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