Exit planning is a team sport. Whether you want to sell your business now or scale your business to realise a desired value, having a team of trusted advisors can help ensure you build a valuable company that is saleable. Each team member brings their unique expertise to the table. Collaboration is critical to achieving a smooth ownership or management transition as part of a successful exit plan.
1. Business owners: 80-90% of a business owner’s wealth can be locked up in their business. How they monetise this wealth impacts their financial security and lifestyle.
2. Financial advisors: Financial advisors can help business owners understand the financial implications of an exit and can ask the owner all the pertinent personal and financial questions. The financial advisor is instrumental in calculating the business owner’s wealth gap.
3. Lawyers: Lawyers can provide legal advice that impacts intangible capital locked in the business and address any legal issues related to the exit, including contracts and agreements.
4. Accountants: Accountants are considered one of the business owners’ most trusted advisors. Accountants provide various services, from tax planning to financial reporting and audit requirements related to the exit.
5. M&A Advisor, Investment Banker or Business Brokers: these advisors are typically used when selling to a third party. They can help find potential buyers and market the company for sale, including deal preparation, negotiating terms and arranging the sale of the company itself.
7. Family members and family business advisors: everything a business owner does impacts their family and the family of their employees. 84% of business owners state they meet with their family annually to discuss the business, and 12% consider their spouse their most trusted advisor.
8. Value Advisor: Strategy, Growth and Exit Planning Advisor assesses the personal, business and financial goals of the owner throughout the exit process, from planning to execution and, ultimately, the sale of the company, on the business owner’s terms. They focus on value growth and assist in managing the business’s tangible and intangible assets. A Strategy, Growth and Exit Planning Advisor brings together the advisory and owner’s internal teams to work towards common goals and better collaboration.
Who is part of your wealth realisation team? Who has a seat at your table? It is essential to have a well-coordinated team to ensure you build a valuable and saleable company, safeguarding your successful exit in the future.
We can help you navigate through the three stages of value optimisation
PLAN – GROW – EXIT
to ensure you leverage the intangible assets of your business, produce more top-line and bottom-line growth, and, when the time is right, exit on your terms.
We aim to help you create a scalable, valuable, and saleable business.
Whether you want to grow your business or be in the position to sell your business for the highest multiple, we’ll get you to a place where you have choices.
