The Satisfaction of Being Your Own Boss
Lots of private business owners say that part of what motivated them to pursue ownership is that it allows them to “be their own boss.” If we expand on this idea, we could also say private business owners like to be the “master of their own destiny.” For owners that share that sentiment, exit planning is a natural fit because it is designed to improve your chances of doing just that.
On Thursday, May 5, 2016, we held our “Eat Toast or Be Toast” business exit planning breakfast event. The event was a great success as we had over 30 attendees (not including our team) that joined us to learn more about successful exit planning. In 2 hours we covered a lot of ground, but most importantly we discussed what business exit planning can do for private business owners and introduced a proven process to develop your planning. In a nutshell, exit planning done properly and timely will empower business owners to make their future and the future of the businesses what they want!
Asking the Right Questions to Exit Your Business Well
We reviewed a number of fundamental questions that lay the groundwork for what exit planning should embody, why it is important and what it should consider. Then we introduced a proven, 6-step process designed by John Leonetti with Pinnacle Equity Solutions, that has been used thousands of times by Certified Business Exit ConsultantsTM to help successful private business owners develop their customized exit strategy.
Last, our team introduced a number of resources and some powerful technology designed to help our attendees take the next step in their journey as a private business owner planning for future transitions. These resources and tools are ones we gladly share with those who are interested in this important planning, all at no cost or obligation. If you happened to miss our event we would enjoy nothing more than to meet you, hear your story as an owner, and offer these resources and tools to you as well.
Life is busy, especially as a business owner, but ask yourself — are you too busy to plan, or too busy to succeed? You deserve to be empowered — take the first step by contacting us today!
Published: May 11, 2016
Authored By: N. Perry Moore, CBEC™, CFP®, MBA