For a business owner, exit planning is all about being proactive and prioritizing the things you can control about transitioning away from ownership. A thoughtful exit planning strategy includes identifying and addressing personal,  financial and business needs so you can confidently step away from a privately held business when and how you choose. Taking steps long before you’re ready to exit the business sets you up for a successful shift to your next chapter.

An effective exit plan will:

• Articulate your personal goals for the transaction as well as life after the transaction
• Identify your personal financial needs from a transaction
• Highlight ways to increase the value and marketability of the business prior to a transaction
• Identify a potential successor
• Address the tax and legal considerations of a transfer of ownership
• Provide contingency plans should the owner be forced to exit the business due to unforeseen circumstances

Instructor:
Jesse Abercrombie, CEPA®, AAMS™
Financial Advisor
5850 Granite Pkwy, Suite 215
Plano, TX 75024
972-239-0852