The starting point for any type of plan is defining its goals. In the case of planning a business exit, this means knowing what it means to exit your business in style. We believe that the reason that business owners do not act on their goals is because their goals are not actionable, meaning the goals are too vague, insubstantial, and/or intangible. What owners need are goals that are precise, concrete, and real. Goals need to be smart. S for specific. A goal should have as narrow a focus as you can make it. M for measurable by some yardstick- money, size, time, etc. a for attainable. A goal should be able to be reached. R for relevant. A goal must be relevant to your situation. And T for trackable. A goal has to have benchmarks along the way to keep you focused. Remember goals should be smart. For more information call the number on the screen or visit us at businessexitnow.com.
Business Exit Planning – Goals
"The contents of this material was published on October 29, 2020 and may be outdated and not reflect current facts. This materials should be used only as a reference."