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What Business Owners Should Know About Creating Their Perfect Exit Strategy

David Roberts Board-1

At some point, every business owner faces the question: What’s next? Whether you’re thinking about selling, passing the business on, or stepping back from day-to-day operations, having a clear exit strategy is essential.

But here’s the reality—half of business owners don’t have an exit plan. And without one, you risk leaving money on the table, creating uncertainty for your team, or feeling unprepared for life after business ownership.

This free guide from The Alternative Board (TAB) will help you take control of your exit so you can step away with confidence—whenever the time is right.

Exit Strategy Guide - Download Today!

What you’ll learn:

📌 Why exit planning should start sooner than you think
Many business owners put off exit planning, but having a strategy in place early gives you more control and better financial outcomes when the time comes.

📌 The different ways to exit your business
From selling to a third party to transitioning to family or management buyouts, this guide breaks down the pros and cons of each option to help you make the right choice.

📌 How to increase the value of your business before you exit
Strengthening financial performance, streamlining operations, and making strategic improvements can make your business more attractive to buyers or successors.

📌 Why many business owners struggle with the emotional side of leaving
Exiting your business isn’t just a financial decision; it’s a personal one. This guide covers common challenges and how to prepare for life after ownership.

📌 The key steps to take at every stage of your exit plan
Whether you’re five years away or planning to exit soon, our step-by-step checklist will help you take action with confidence.

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Frequently Asked Questions (FAQs)

Why should I plan my exit now if I don’t want to leave yet?

The earlier you start planning, the more options you have. Even if you don’t plan to exit for years, preparing now ensures you’re in the strongest possible position when the time comes.

What’s the best way to exit my business?

That depends on your goals. Some owners sell to external buyers, while others transition the business to family or existing management. This guide helps you explore the right path for you.

How do I know what my business is worth?

Valuing a business isn’t just about the numbers—it’s about future potential, market conditions, and how well-prepared it is for a transition. This guide walks you through key valuation factors and how to improve them.

What happens if I don’t have a successor?

You don’t need to have a named successor today, but you do need a plan. Our guide covers different exit strategies and how to make your business attractive to potential buyers.

How can TAB help with exit planning?

AB provides business owners with peer advice, coaching, and strategic tools to plan their exit effectively. Whether you’re looking for clarity, accountability, or expert insights, we’re here to help.

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