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SMALL BUSINESS EXIT STRATEGIES WWW.SMALLBUSINESSSOLVER.COM WWW.SMALLBUSINESSSOLVER.COM
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Carla Langhorst @business solver IF WANT MONEY NOW, GET A JOB.
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6 Small Business Exit Strategies -Overview of how each works -Examples -Keys to success WHAT WILL WE COVER?
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WHY AN EXIT?
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TYPES OF EXIT STRATEGIES Golden Parachute Simple Stop / Liquidation Selling to Another Entrepreneur / Buy Out Merger / Acquisition Initial Public Offering
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-Pay out large salaries -Large bonuses -Expenses Example: -Transport Company -Nike GOLDEN PARACHUTE
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TOP DO GET A GREAT TAX ACCOUNTANT.
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- Liquidate the assets of the business Example: -Restaurant SIMPLE STOP
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TOP DO CLOSING CAN BE BIG MONEY.
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- Sell to someone that you have a relationship with. Example: -Café -Dental office SELL
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TOP DO START TARGETING THESE PEOPLE EARLY.
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- Liquidate the assets of the business Example: -Instagram -Brick ACQUISITION
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TOP DO PAPERWORK & PROCESS MATTER.
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- Selling shares for the first time Example: -Facebook -Tea company IPO
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TOP DO GET THE VALUE RIGHT.
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TYPES OF EXIT STRATEGIES Golden Parachutes Simple Stop / Liquidation Selling to Another Entrepreneur / Buy Out Merger / Acquisition Initial Public Offering
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- Create and pass on the business through generations Example: -Weston -Rogers FAMILY EMPIRE
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TOP DO WORRY ABOUT SUCCESSION EARLY.
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Carla Langhorst @business solver IF WANT MONEY NOW, GET A JOB.
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SMALL BUSINESS EXIT STRATEGIES WWW.SMALLBUSINESSSOLVER.COM WWW.SMALLBUSINESSSOLVER.COM
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