What Is Exit Planning? - John Brown

Definition of Exit Planning: Exit Planning is the comprehensive approach to designing an exit strategy from a business.

It encompasses setting exit objectives (When does the business owner want to leave? To whom will he or she sell the business? etc), pulling together a team of trusted, professional advisors (a CPA, an Attorney, a Financial Advisor, etc) to participate in developing planning ideas and writing down each aspect of the transition sequence in the form of a Road Map that explains exactly what steps will be taken, when and why.

From Business Enterprise Institute Founder, John Brown

 

To hear John's full interview, and 1 minute highlights, check his folder under "index" at www.ExitCoachRadio.com - Come listen for a minute!