Are you missing employees? Where did they go? I just got off the phone with a restaurant owner who temporarily closed one of his locations so that he could redistribute the staff to the other three. I’ve also heard or seen in the last week: A Starbucks closing at 4:00 PM for lack of staff. […]
Planning for Your BEST Exit
The single largest financial transaction of your life deserves special attention.
Are you planning to exit and sell your business? Exit planning is quickly becoming a buzzword in the legal and financial communities. Your professional advisors are positioning themselves to provide tax, risk management, wealth management, and contract preparation services. Our BEST Exit Plan Advisor has been trained to manage your team of tax, legal, business, and financial planners to navigate your exit strategy.
BEST Human Capital and Advisory Group has partnered with The ExitMap® to plot a general direction for your business as you begin considerations for your exit. The resulting “Exit Map” doesn’t provide step-by-step instruction but looks at multiple areas of your business, including financial readiness, ease of planning, revenue streams, and operational efficiency. Your BEST Business Exit Plan Advisor will then work with your team of advisors to optimize each of these four areas in preparation for a sale, as well as address three key steps in the process: assessment, valuation, and planning to become transition ready.