Title: Align corporate advisors--EXIT Planning
1ALIGN CORPORATE ADVISORS
We Provide Expert Services for Mergers and
Acquisitions
https//aligncorporateadvisors.com/
2Align Corporate Advisors EXIT Planning
Planning to leave your business can be emotional
as well as overwhelming. Planning a proper exit
strategy requires diligence, time and care.
Business owners often dream about taking more
personal time off or at least work few hours each
day/week, etc.
3Align Corporate Advisors EXIT Planning
If you plan to exit from your business, choose
your options
Closing vs. Selling
- 1) Liquidate and close the business.
- Its hard to shut down the business you worked so
hard to build, but it may be the best option to
repay investors and still make money. - There are two main ways to liquidate your
business - Paying yourself until your business funds run
dry, and then closing shop. The benefit to this
method is that you will still get a paycheck to
maintain your lifestyle. However, you will
probably upset your investors (and employees).
This method also stunts your businesss growth,
making it less valuable on the market should you
change your mind and decide to sell. - Close up shop and sell assets as quickly as
possible. Simple, and happens very quickly, the
money you make only comes from the assets you are
able to sell. These may include real estate,
inventory and equipment. Additionally, if you
have any creditors, the money you generate must
pay them before you can pay yourself.
4Align Corporate Advisors EXIT Planning
5Align Corporate Advisors EXIT Planning
2) Sell to a new owner
- Selling your business to a trusted buyer, such as
a current employee or family member. Ideally, the
buyer will already share your passion and
continue your legacy. - However, there are downsides to selling your
business to someone you know. Your relationship
with the buyer may tempt you to sell the business
for less than what its worth. Passing the
business to a relative can also potentially cause
familial tensions that spill into the workplace. - Instead, you may choose to target a larger
company to acquire your business. This approach
often means making more money, especially when
there is a strong strategic fit between you and
your target. The challenge with this option is
the merging of two cultures and systems, which
often causes imbalance and the potential that
some or many of your current employees may be
laid off in the transition.
6Align Corporate Advisors EXIT Planning
7 Align Corporate Advisors (ACA)
Address 1300 Ridenour Blvd, Suite 252 Kennesaw,
GA 30152 Email ID info_at_aligncorporatea
dvisors.com Phone NO 1 (678)
831-2285 Website https//aligncorpor
ateadvisors.com/