[fname], in the last email I talked about establishing your Exit GOALS as the 1st step in the 6-STEP process you should go through when you start the process of exiting your business.


Today I'll cover the next 2 steps in the process, they are:


Measuring your FINANCIAL and MENTAL READINESS, and


Identifying the TYPE of Exiting Owner you most Resemble


As you start to think about exiting your business want to measure both your FINANCIAL Readiness and MENTAL Readiness.


Financial Readiness is do you have or will you have enough money or investments before you exit or sell your business to live/retire on OR does the sale of the business need to provide money to live on.


Mental Readiness is are you okay with not going to work every day, do you have enough to do post-exit to keep you busy & alive after you exit the business?


FYI - there are no right or wrong 'readiness' answers to the questions of are you mentally and financially ready to exit your business.  Rather the answers help determine the TYPE of business owner you are.


And this in turn helps you choose or target the best EXIT OPTIONS or specifically potential BUYERS or RECIPIENTS of your business


Although you might think you can judge both of these readiness factors on your own, just to make sure I have an ONLINE SURVEY you can take for free that will help you.  Click on the link below for the BERI survey:


As you can see in the link, the BERI survey is short for Business Exit Readiness Index.  The survey is private & confidential and will produce a short report that I'll send back to your after you take it.


And again if you want to learn more about the 6-Step Exit Process, I recently held a webinar on the subject and went in depth on each step.  You're welcome to WATCH the video webinar REPLAY at the link below:


As always if you need some advice, you're welcome to email me of call me here at the office at 281-993-4530.


Regards, Charlie


Charles Wilson, CPA/CFF, CGMA, CBEC

Charles Wilson, LLC

307 S. Friendswood Dr, Ste B-2
Friendswood, TX 77546
281-993-4530 (O)
866-567-3975 (F)



Charles Wilson, CPA/CFF, CGMA, CBEC is a Certified Business Exit Consultant and is affiliated with Pinnacle Equity Solutions, Inc., an Exit Strategies Training and Solutions company.  Parts of the content in this email are taken from previous Pinnacle Equity Solutions, Inc's. newsletter library and website in accordance with Charles Wilson's certification in Pinnacle's Certification and Membership Program. All Copyrights are the properties of Pinnacle Equity Solutions, Inc. and Charles Wilson, LLC and their respective owners.