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Business Exit Planning!
BUSINESS EXIT PLANNING
Exit Planning is more than thinking and talking. It is taking the action necessary to enable you to reach all of your Exit Objectives. These objectives include leaving your business when you choose, to the successor you choose, for the amount of cash you desire while paying the least amount of taxes.
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January 27, 2021 By Business Exit Planning in Exit Planning
The Benefits and Challenges of a Third-Party Sale
Depending on what type of business you have, what your key employees are like, the current market, and your array of potential buyers, business owners may have a long list of candidates to whom they might sell their business. One of the first options owners often consider is to sell the business to an unrelated
20M
Over 20million businesses in operation
20%
Have a written plan to transition ownership
81%
Of owners want to stop working in the next 10 years. *
* Source: Business Exit Institute, Exit Planning Solutions, 2020