Small to medium businesses are the backbone of the Canadian economy. Intent Planning and our Certified Exit Planning Advisor (CEPA), believes business owners need dedicated, knowledgeable professionals to help them develop an exit plan covering all contingencies with the highest valuation possible.
Exit Planning is a process business owners undertake to get their business to a state of optimal value to receive top dollar when they decide to sell or transition their businesses. Using a value acceleration technique that focuses on identifying, growing and harvesting the value of your company when the time is right for you.
Exit planning is good strategic business planning. No matter when you plan to exit your business, a well-crafted exit plan can help you:
- Control how and when you exit
- Maximize your company’s value
- Minimize taxes
- Ensure you achieve your business and personal goals
- Build strategic options for your exit
- Reduce uncertainty for your family and employees
Exit planning is the process of planning for your eventual transition from your business to enter the third act of your life. Unfortunately, within 12 months of exiting their business, nearly 50% of owners are unhappy with the price they got for their business. Intent wants to make sure that isn’t your story.
Intent’s approach is to work with business owners and their team of professionals and advisors, to facilitate the best results for each unique situation. Many owners are faced with exiting their business for a reason they didn’t choose – death, disability, divorce, distress and dissention. It is critical to maintain your business at top dollar value so no matter what the reason, you are able to capitalize on your hard work and investment.