No Time Like the Present: Defining a Vision for Your Exit Strategy
November 18, 2024
When you spend most of your time dealing with the daily ins and outs of
Start Planning Your Business's Future Today
Planning what you are going to do before, during, and after you exit your business is one of the most complex expectations of business owners, but it’s not something that you have to figure out alone. At Catalyst Group ECR, we roll up our sleeves and collaborate with you to address every detail from crunching the numbers on your existing value to setting up a comprehensive transition plan for your employees.
Our Exit Planning Process
Step 1: Learn About Your Business
Exiting your business is the culmination of years of hard work, and it’s not a process to be taken lightly. That’s why we start by getting to know your operations inside and out through a practical-evidence-based lens. We want to know as much as we can about the tangible data and everyday realities of what it’s like to be you.
As we work closely with you, we’ll help you identify nuances of your business, from the strengths that have driven your success to the areas of improvement that could skyrocket the value. This clear-eyed analysis offers an honest snapshot of your company so we have a firm foundation from which to build your business exit plan.
2. Define Your Exit Objectives
In this phase, we sit down with you to explore your vision of a successful transition. Rather than assuming a single path, we start by asking what a successful exit looks like to you.
Are you looking to sell at a peak valuation? Nurturing internal leadership to leave your legacy in their hands? Pursuing a different path altogether?
Whatever your goal and priorities, we translate that into clear, quantifiable objectives to help you channel those broad aspirations into a targeted business exit strategy.
Step 3: Build Your Exit Planning Roadmap
Now that your exit objectives are clearly outlined, we shift our focus to creating a detailed, step-by-step plan tailored to your situation. We’re not following a generic template, but rather constructing a path forward that addresses the real-world aspects of your business.
We break this path down into discrete, manageable tasks, and giving each step a specific timeline and set of deliverables so you know the exact actions needed to achieve your desired outcome.
4. Execute With Ongoing Support
In this phase, we sit down with you to explore your vision of a successful transition. Rather than assuming a single path, we start by asking what a successful exit looks like to you.
Are you looking to sell at a peak valuation? Nurturing internal leadership to leave your legacy in their hands? Pursuing a different path altogether?
Whatever your goal and priorities, we translate that into clear, quantifiable objectives to help you channel those broad aspirations into a targeted business exit strategy.
Want to Know More? Read Our Recent Business Exit Planning Blog Series
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