Maximum-value Exit Planning & Execution
EVERY BUSINESS OWNER DESERVES A GREAT EXIT, BUT ONLY 1 IN 10 SUCCEED!
If you want to exit your business in the next 5 years & you aren’t already working on your transition, you are setting yourself up for failure!
The numbers should terrify every business owner:
Only 1 in 10 (10%) small-medium businesses sell as planned
CFIB says over 76% of business owners plan to exit in the next 10 years, creating a tidal wave & an extreme “buyers’ market”
85-90% of the average business owner’s net worth is tied up in their business
80% of businesses put up for sale don’t sell
Of the 20% of businesses that do sell, the average sales price is 1/2 of what the owner thought it was worth
Only 30% of family businesses successfully transition to the second generation; 12% transfer to the third generation
2/3 of small businesses are just closed when the owner retires
Only the best-prepared & performing companies will sell!
What happens to your family, staff, customers, suppliers, and community, if you can't sell your business? Don't leave it to chance!
You’ve built a great business but how do you ensure a great exit?
At MExit™ (Maximum-value Exit Planning & Execution), we believe that every business owner deserves a great exit, but only 1 in 10 succeed. Therefore, to beat those odds, we provide owners with the people, processes, skills & discipline they need to ensure a great exit & their business continues to thrive after they are gone. Preparing well in advance ensures owners have the personal & financial legacy they truly want from their business.
To ensure a great exit you need to prepare & execute not just 1, but 2 plans. Your Owner’s Exit Plan (which is all about you), & the Business’s Growth Transformation Plan (which is about growing the business to not depend on you). Attend one of our Exit Planning 101 networkshops to learn more (events are posted in the Blog).
Exit planning is what you get from any advisor. Where MExit specializes, is in the growth & transition execution, which is ultimately what produces results. We coach the leadership team staying in the business to take it to the next level (without depending on the owners) & in so doing they make the business ready for sale & highly attractive. MExit are the value acceleration specialists who prepare your business to sell for more.
Creating the greatest value for Sellers well before the transaction, by knowing to grow the business so they can sell the business for more!