If you own a business, you’ve likely spent years nurturing and growing it. When you’re ready to pursue an exit, you’ll need to have a strategy in place that accounts for each step of the process. In an article recently published on the Business Journals network, Tips to Ensure a Successful Business Exit, Mike Ella, CPA, CA, describes the three major phases involved with exit planning:
- Phase I: Preparing to Exit
- Phase II: Selling the Company
- Phase III: Post-Close Transition
The article addresses the options and tasks involved in each of the three phases. While exit planning is a time-consuming and detail-oriented process, the business owner who is well-prepared will have a smooth and successful exit. To read the full article, click here.
Want to learn more about how to exit your business? Download our Exit Planning e-Book to get our team of expert’s advice on what you need to know. If you have any questions aout Exiting you business, contact Mike Ella via email or call him at 440-449-6800.