At the end of the day, every business owner is going to exit the business. The question becomes: was it planned or unplanned? That’s why every owner needs a business exit plan – whether that exit is five years away or fifteen.
Because no matter how strong your operations or how loyal your team is, there will come a day when you’ll hand over the keys. The question is: will you be ready for it?
To put that in perspective, nearly half of business owners are approaching the biggest financial decision of their lives without a clear roadmap – risking value, control and continuity.
A business exit plan isn’t just about selling a company. It’s about creating options – preparing your business, your people and your personal finances to thrive long after you step away. Through a holistic risk strategy, you can pinpoint gaps, strengthen value and ensure every part of your operation supports the future you want.
Here’s how to build a business exit plan that ensures a smooth transition by protecting what you’ve built and setting you up to exit on your terms.
Read the full Ellerbrock-Norris Wealth Strategies article here.
Ellerbrock-Norris Agency Inc. ("ENA") does not directly provide investment advice or investment management. Such services are provided by Ellerbrock-Norris Wealth Strategies LLC ("ENWS"), a registered investment adviser owned by ENA. Please note that certain insurance agents of ENA are also investment adviser representatives of ENWS.