Getting Out When the Getting Is Good

How you exit your business will impact how you spend your retirement years. Here's three scenarios:

1. Indulging your passion for golf, fishing, travel, or other pursuits

2. Worrying about whether your money will run out

3. Working until you drop

Your exit strategy will largely determine which of these is your fate.

Financial Concerns

The three core financial questions on which to base your exit strategy are:

How much money will you need from your business to comfortably retire?
What is the fair market value of your business today?
How will you close the gap?

The questions may appear simple, but the answers are not. Authoritative financial analysis is required to ensure that you won't fall short in the uncertain years ahead.

People Concerns

Who will take over your business operations? There are three options:

an insider, someone already in the business, often a family member
a strategic buyer, perhaps a competitor or alliance partner
a financial buyer, someone attracted by the profitability of your business

Making the right personnel choices is critical if future company profits will fund much of your retirement or if you want to ensure that all the work you have put into your business won't disappear when you walk out the door.

Expert Strategic Thinking

John Lafferty, MBA, CPA, and founder of CFO-Pro, has been a trusted advisor to business leaders for more than 40 years. His vast experience makes him an expert guide to your optimal exit strategy.

John will take a systematic approach to assessing your exit options. With a custom CFO-Pro Exit Plan you get the guidance you need to successfully navigate what could turn out to be your ultimate business challenge.

W. Thomas Morton, Jr., CPA and Litigation Consultant says:

"John Lafferty has the ability to help business owners understand how their strategies are moving the business in the direction of (or away from) achieving long-term goals."

The Time to Act is Now

Call John Lafferty toll-free at (800) 724-4578 or contact us to schedule your no-obligation phone consultation and get your exit plan on track.

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