Exit Planning Group meets with business owners to gather information, establish owner goals and aspirations, and determine the resources available to achieve an owner’s objectives.
Based on the information gathered during this initial meeting, Exit Planning Group creates a draft of potential planning recommendations.
Exit Planning Group will review and discuss their recommendations with the business owner, and clearly establish the strategy for a Business Exit.
Exit Planning Group meets with your advisors, including accountants, lawyers, insurance professionals, and financial advisors. We encourage your advisors to add or revise ideas and recommendations and we will coordinate additional Advisor Team meetings to work towards plan formation and implementation.
Once the preliminary Exit Plan is drafted, Exit Planning Group meets again with the business owner (and often the Advisor Team) to review it. After discussion and revisions based on owner input, Exit Planning Group finalizes the plan and creates a schedule to sequence advisor activities, and assigns completion dates to each recommendation. It is then the designated advisor’s responsibility to complete his or her assigned recommendations by the deadline.
Plan implementation requires Exit Planning Group to manage the communications and execution of the plan by working diligently with:
- Our Business owner and Exit Planning Group.
- Exit Planning Group and Advisor Team members.
- Exit Planning Group and Management (or the owner’s family).