For Owners, Advisors and Buyers
A staggering 79% of business owners have no written transition plan, yet 81% need the business to remain profitable after their exit. Whether or not you have specific goals and dreams you’d like to realize upon exiting, it’s likely you do not have the proper pieces in place. You will likely not be able to retire, or the business will not survive your exit. This does not have to be a daunting undertaking when we approach it with a realistic strategic action plan.
You’ve worked hard to build it, take the time to leave it on your terms.
Have you become educated in all your options for exiting the business and considered how to do it most successfully, for yourself and your successors?
Do you have a trusted set of advisors in place, working consistently and collaboratively with you, to plan your exit/succession needs so you pass along what you have built and take your equity with you.
Is your spouse an integral part of your exit planning team? Do you feel committed, connected, have the communication tools and skills, values and desired future vision so you can go forward together with confidence?
Do you know what you want to do with your time once you exit the business?
Are you a company employee or a group of employees looking long-term, wanting to potentially purchase the company looking for ways to start the communication necessary?
Are you a young person impacted by a family exit/succession plan and needing help to understand if you wish to become the successor or play a role in the future of the company?
Preplanning Brings Exit Success
Working with Dr. Jan Hoistad is both productive and a pleasure. Our company has utilized Jan’s talents for strategic planning in building our team of employees and developing strategies for growth. Jan provides the focus needed to look at the big picture and to create balance within both work and personal environments. Business owners and Team leaders can definitely benefit from Jan’s experience, insight, creativity, and ability to keep busy professionals on track with their goals.