Charles S. Wilson, CPA/CFF, CGMA, CBEC | CERTIFIED BUSINESS EXIT CONSULTANT | 281-993-4530 | charlie@wilsonaccounting.net
         

[fname], in the last email I talked about taking the BERI survey and if you scored Low on Financial readiness and High on Mental readiness, you are what we call a Get Me Out at the Highest Price business owner.

 

If you want to learn more about this type of owner, go to page 6 in my free report.  Today I'm going to go over what type of EXIT STRATEGIES are typically available to you as you as you exit your business.

 

Strategy #1: Selling The Business

 

We begin our list of exit options with the highest value exit, the sale of the business. It's human nature to want to know the most money that you can potentially get for your business. So, let's examine the get me out at the highest priced exiting owner who ranks low on financial preparedness and high on mental preparation for an exit.

You're likely to get to be a get me out yesterday type of business owner who has most of your wealth tied up in your illiquid business. Or you may be simply an entrepreneur who wants the highest value for your investment.

For existing owners were mentally ready to leave but cannot afford a failed business exit, a sale is likely the optimal exit option.  The value that you're going to receive for the sale of your business is simply whatever the market will bear or, quite simply whatever a buyer is willing to pay you. (You can learn more about this strategy on page 7 of my report).

 

Your 'Owner Type' Determines Which
Exit Strategies Are Best for You.
What Type Are You?

 

To find out you can click on the link below & take the BERI survey:

http://www.charleswilsoncpa.com/beri-survey.html

 

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:

http://www.charleswilsoncpa.com/exit-plan-webinar-replay.html

 

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)
charlie@wilsonaccounting.net

   
         
         

         

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.