What is the Exit Phase?
Entrepreneurial businesses are
often the primary assets of
their stakeholders. This means
that exiting your business is
one of the most important
decisions you will ever make -
because you only get to do it
once. Exiting your business is
the time when you have the
greatest opportunity to capture
the value of the organization
that you have spent your heart
and soul building.
Why do you need Exit services?
Entrepreneurial businesses are
often the primary assets of
their stakeholders. This means
that exiting your business is
one of the most important
decisions you will ever make -
because you only get to do it
once. Exiting your business is
the time when you have the
greatest opportunity to capture
the value of the organization
that you have spent your heart
and soul building.
When do you need Exit services?
- You need Exit services when:
- You need a succession plan. Your
business suffers from the death
or disability of an owner.
- You are going through a divorce.
- You have are in declining
health. Your competition is
being consolidated thru mergers
and acquisitions.
- You have received an offer to
purchase your business.
It does not matter if you wish
to exit the business today or at
some future point; planning is
critical to achieve a successful
exit from your business.
How can BDC Exit Services help
you?
Our team will help you through
the challenging process of
developing and executing your
exit strategy. We will:
- Lead you through the development
of an exit plan.
- Provide appraisal services to
determine the potential range of
values for your business.
- Help you identify and evaluate
potential buyers.
- Help you formalize a tactical
succession plan.
- Help you determine the most
appropriate way to reward your
valued employees.
- Provide advice on tax
consequences of potential
transaction structures and exit
strategies.
- Assist in the development of
appropriate deal structures and
the definition and negotiation
of terms.
- Lead or assist in the
development of a selling
memorandum.
- Help improve the value of your
business prior to your exit.
- Conduct due diligence on
prospective buyers.
What are the Keys to Success in
the Exit Phase?
Engage the Services of Quality
Advisors
Quality advisors will allow you
to focus on the continuation of
your business and bring business
transaction experience that will
help you realize the maximum
value from your organization.
Prioritize Your Goals and
Objectives
Clearly defining, communicating,
and prioritizing your goals and
objectives for your exit from
the business will help to
improve the chances that your
plan is well executed.
Time the Sale Properly
Proper planning is needed to
prepare the business for sale,
find the optimal buyer, and
negotiate and structure the
transaction. Timing your exit
can have a significant impact on
the value you realize when you
exit the business. Exit planning
also allows you to react to
unsolicited offers that may help
you meet your goals.
