Business Exit Strategy

For most business owners, the most valuable asset they own is their company. The vast majority of business owners plan to transfer the ownership of their business within the next 10 years, yet only 17% have a transition plan. Similar to retirement, a business exit should be planned for years in advance. Whether the exit be through an outright sale, partnership buy-out, earn-out or other method, lack of planning in advance can hinder or delay the retirement of a business owner.

Preparing for a business exit with Strategic Alliance Wealth Group ensures the business owner has a plan in place when it comes time to transition, as well as assets to allocate sale proceeds to. Lack of a buyer, lack of buy-out funding and not having a plan in place to allocate sale proceeds can lead to a burdensome transfer of ownership. Having an exit strategy in place ensures continuity for the business, it’s employees, customers and additional stakeholders, while ensuring a predictable transition for the owner.