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 Exit Planning

“Luck is when preparation meets opportunity.” - Pierre Elliott Trudeau

Exiting your business is probably the biggest financial undertaking of your life. You only have one chance to get it right, and getting it even slightly wrong can substantially affect your future.

Therefore, it is important that your non-executive director or your strategic business advisor is appointed early enough so that he can help you plan your exit by spending time with you growing and grooming your business. He will also work with you to ensure that your business objectives are achieved and help you to appoint the right advisors when it is time to exit.

Your advisors can help you achieve a better sales value for your business by:

  • Looking beyond the obvious potential buyers
  • Looking for buyers who want your business for strategic reasons (such as opening up new markets)
  • Selling future potential
  • Generating competition
  • Creating interest from international markets and companies