Business Exits; The Make-or-Break Element, With Chris Vanderzyden

According to the Business Enterprise Institute, a whopping 81% of business owners want to stop working in their businesses before the decade closes—and two years of pandemic problems have only thrust this desire into overdrive. But while business owners are dreaming about “getting out,” 79% are missing one make-or-break element: a Master Exit Plan. And that’s a […]

The post Business Exits; The Make-or-Break Element, With Chris Vanderzyden first appeared on Business Creators Radio Show with Adam Hommey.

According to the Business Enterprise Institute, a whopping 81% of business owners want to stop working in their businesses before the decade closes—and two years of pandemic problems have only thrust this desire into overdrive. But while business owners are dreaming about “getting out,” 79% are missing one make-or-break element: a Master Exit Plan. And that’s a huge problem. 

An unplanned exit can have devasting financial consequences. You might pour your capital, sweat equity, and tears into building a business and not be positioned to attract buyers upon your exit. You could sell your business but not have nearly enough to retire. Or unforeseen events could shutter your business long before you receive any return on your investment for all of your efforts.

“Most business owners are far too busy running their companies to plan for an exit they don’t believe is imminent. But if you wait until you’re forced to go to market or receive an unsolicited offer, the chance of being able to successfully sell your business is less than 20%. The key to success is proper planning,” says leading business educator and M&A advisor Chris Vanderzyden, author of Master Your Exit Plan: Sell Your Business, Preserve Your Legacy (Emerald Lake Books; April 19, 2022).

Chris is joining Adam to discuss:

6 business exit strategies—and how to determine which is right for you
The 7 steps to selling a business
How to answer the million-dollar question: “When should I sell?”
The key ingredients that make a business marketable
How to prepare for your post-ownership life—and exit with no regrets
And so much more!

Join us and gain insider strategies to help you create and execute your Master Exit Plan so that you can harvest the wealth created in your business—and protect your legacy for generations to come.

The post Business Exits; The Make-or-Break Element, With Chris Vanderzyden first appeared on Business Creators Radio Show with Adam Hommey.