Without a predetermined exit plan, you will probably:
· Undervalue your company and leave hard earned wealth on the table,
· Pay too much in taxes, and
· Lose control over the process by being reactive, rather than proactive.
On the other hand, a well designed and implemented exit plan enables you to:
· Control how and when you exit
· Maximize company value in good times and bad
· Minimize or eliminate capital gains taxes
· Ensure you achieve your business and personal goals,
· Have strategic options from which to choose, and
· Reduce uncertainty for your family and employees.
Ohio business coach and Certified Exit Planning Advisor, Ralph Berge can help. Call him 440.838.0991.
