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5 Keys to Small Business Owner Exit Planning
Every business will transition to new owners at some point. Creating your vision for that transition well in advance sets you up for success. Success means that the business passes to the next owner or owners on your schedule. Success means that your role is exactly what you want it to be throughout the transition. Success means that you realize full value for what you have created. Success also means that if life changes along the way you can change your plan and still get the outcomes you want.
In this episode we dive into the 5 key components of an exit strategy for small business owners which includes: the timeline, your time commitment, your primary objective, who the acquirer will be, and the structure of the deal.
Have a question or simply want to talk through your exit vision? We're here to help.
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DISCLOSURE: Jarrod Musick is an officer of Destiny Capital and Entrepreneur Aligned, a DBA of Destiny Capital. All opinions expressed by Jarrod are solely his own opinions and do not reflect the opinion of Destiny Capital or Entrepreneur Aligned. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. We recommend consulting with your wealth advisor, CPA/tax advisor and/or attorney, as applicable to your situation, prior to implementing a new investment strategy.
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By Entrepreneur Aligned
5
77 ratings
Every business will transition to new owners at some point. Creating your vision for that transition well in advance sets you up for success. Success means that the business passes to the next owner or owners on your schedule. Success means that your role is exactly what you want it to be throughout the transition. Success means that you realize full value for what you have created. Success also means that if life changes along the way you can change your plan and still get the outcomes you want.
In this episode we dive into the 5 key components of an exit strategy for small business owners which includes: the timeline, your time commitment, your primary objective, who the acquirer will be, and the structure of the deal.
Have a question or simply want to talk through your exit vision? We're here to help.
GET IN TOUCH WITH US DIRECTLY BY USING OUR EA Quick Message
WANT TO LEARN MORE, SUBSCRIBE TO…
Entrepreneur's Weekly Wealth Digest
EA's 3 Minute Success Videos
NOT READY TO COMMIT TO MORE CONTENT, THAT'S OKAY LET'S CONNECT SOCIALLY ON…
Connect on LinkedIn
Follow on Twitter
Follow on Instagram
DISCLOSURE: Jarrod Musick is an officer of Destiny Capital and Entrepreneur Aligned, a DBA of Destiny Capital. All opinions expressed by Jarrod are solely his own opinions and do not reflect the opinion of Destiny Capital or Entrepreneur Aligned. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. We recommend consulting with your wealth advisor, CPA/tax advisor and/or attorney, as applicable to your situation, prior to implementing a new investment strategy.