Business Succession & Exit Planning

Exiting a business isn't easy; nor is starting a business. In both cases, success is primarily a product of planning. The sooner that planning starts, the easier it is to travel the road to financial success and the sooner you’ll arrive at financial freedom.

E-Myth has spent over 30 years educating and coaching business owners in creating the business value and removing the structural barriers to enable them to successfully exit their business with a wealth that meets their retirement needs.

"There is ultimately only one reason to create a business of your own, and that is to exit it!

To do it, to finish it, and then to get paid for it!"

–Michael Gerber, The E-Myth Revisited

Business Succession and Exit Planning

Since business owners face a number of barriers to a successful exit, it's critical to educate yourself and create an exit plan. Working with our exit planning partner, BEI, we have identified 7 steps to take you from where you are today to the successful exit you desire:

1. Establish Owner Objectives
2. Establish Business Value
3. Build Value and Cash Flow
4. Sell to a Third Party for Top Dollar, or
5. Transfer to Management or Family Members
6. Develop a Contingency Plan
7. Preserve Family Wealth

Most importantly, the majority of business owners start planning way too late:

According to Mass Mutual Research, 75% of business owners who have successfully sold their companies wished they had begun preparing for that process much earlier.

E-Myth recommends that business owners focus on building value and exit planning a minimum of 5 years before planned exit. We encourage you to get started now! Read The E-Myth Revisited and request a free E-Myth consultation to learn how you can maximize your business value. For more exit planning tips and suggestions:

Business owners: Learn more about preparing your business for transfer.

Professional service providers: Learn more about becoming a Certified Exit Planner.

Take The Next Step

ACT NOW and receive a complimentary copy of How to Run Your Business So You Can Leave it in Style by John Brown, the nationally recognized expert on Exit Planning (a $24.95 value).

For business owners planning to leverage the value of your business to support your lifestyle, fund your retirement, or launch your next venture, learn more about preparing your business for transfer:

business owners click here for more information

CPAs, Attorneys, Financial Advisors and Brokers recommend E-Myth Worldwide to their clients every day, and we want to help you maximize this opportunity!

For professional service providers interested in extending your service offering, learn more about becoming a Certified Exit Planner:

professional service providers click here for more information

Need help deciding which business coaching programs are right for you? Contact us today.