What is an Exit Plan?

We are gearing up for our Eat Toast or Be Toast Event on May 5th which is intended for business owners to talk about Exit Planning.

We want to talk about what a Business Exit Plan is, how we approach this topic, and how we think about this important work for business owners. You hear a lot about Exit Planning, but often times the concept of what an Exit Plan should embody is a little bit foreign.

Here is our definition of an exit plan:

The written goals for the succession of a business’ ownership and control, derived from a well thought out and properly timed plan that considers all factors, all interested parties, and the personal goals of the owners in a manner and a time period that is accommodative to the business, its shareholders, and potential buyers.

With that definition in mind, we can start the discussion surrounding this important work for business owners. A good business exit plan is openly designed to serve the best interests and goals of business owners and their families to ensure that all stakeholders are properly represented.

We hope that you will join us at this event on May 5th. We look forward to seeing you then.start-the-conversation


Published: March 23, 2016

Authored By: N. Perry Moore, CBEC™, CFP®, MBA

Phone: 812-602-6306

Email: npmoore@paynewealthpartners.com

The information in this material is only as current as the date indicated, and may be superseded by subsequent market events or for other reasons. While all information prepared in this document is believed to be accurate, any statements of opinion constitute only current opinions of Payne Wealth Partners, Inc., which are subject to change and which Payne Wealth Partners, Inc. does not undertake to update. Accordingly, you should not put undue reliance on these statements. The information does not attempt to examine all the facts and circumstances that may be relevant to an individual’s financial needs. Payne Wealth Partners, Inc. is not soliciting any action based on these statements.

Contact Our Offices

Payne Wealth Partners, Inc.
Keystone Financial Consulting
601 N Cross Pointe Blvd
Evansville, IN 47715
Phone: 812-477-6221
Toll Free: 888-477-6221
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