Tuesday, April 15, 2025

Securing the Future of Your Business, Its Legacy, and Your Personal Future

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As an entrepreneur you started your business journey with dreams of growth, success, and making an impact. While much emphasis is placed on starting and building your business—such as drafting a business plan, securing funding, and attracting customers—the end of the journey warrants equal attention. This end often entails an exit strategy, succession, or transition plan. Developing these plans early is crucial for many reasons, and here we will explore the benefits of starting early.

The Concept of an Exit Strategy

Your exit strategy is a roadmap that outlines how a you intend to leave your company, one that maximizes the upside, minimizes downside while at the same time providing for your personal needs, wants, and wishes. It includes the method of exit, such as selling the business, merging with another company, passing ownership to a family member, or in some way transitioning the business to another party.

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If you’re feeling some need to address the long-term success of your business coupled with your post-entrepreneurial life, don’t wait – starting doesn’t take more than a brief phone call…

David is an accomplished and experienced business professional who brings over 40 years of insight to the table. As a business coach, he specializes in helping business owners prioritize their needs. He can help you develop your exit or transition plan.

Business transition planning starts with a single, free conversation. Call 734-726-5208 today for a free coaching session or contact David. Your success is waiting!

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