Exit Planning for Business Owners

Caffeine And Cash Flow with Michael Schulte

Are you a business owner who's ever wondered about the best way to exit your venture when the time comes? You're not alone. Exit planning is a critical yet often overlooked aspect of entrepreneurship. Today we’ll try to help unravel the complexities of exit planning and discuss the different options most people consider when it comes time to sell the business.

Here’s some of what we discuss in this episode:

• Why exit planning is so difficult for business owners.
• Selling to a third party and what that process consists of.
• Why selling to a strategic buyer could be your best option.
• What you should consider if you want to sell to a family member or employee?
• Other creative options we discuss with clients.

Source for the data in today's episode: https://caffeinecashflow.com/wp-content/uploads/2024/05/The-Why-and-How-of-Exit-Planning-with-polling-questions.pptx

Learn more: https://caffeinecashflow.com/

Get in touch with Michael-

Web: https://www.westpacwealth.com/team/michael-schulte

Email: [e-mail]

Phone: [phone]