Every business owner around the world needs an exit strategy. This strategy should be put in play as soon as the company starts breaking even and making a profit.
You may be wondering why an exit strategy is so important. But what happens if you are injured and unable to work anymore? Will your staff be left jobless and your company closed down? What happens when you get to a point where you want to retire? Do you close the doors and leave the staff out on the street?
Surely not. Surely you want to gain the maximum amount of profit for your years of hard work and you want to do that as quickly as possible. Many business owners will train a family member of loyal employee over a number of years, slowly forming them into the leader you know they can be for the day when you want to step down.
While in theory, this is a great idea. There are some things you have absolutely no control over, such as injury or illness which leaves you unable to go to work for years, maybe even permanently.
What happens in these cases? Do you have an exit strategy that includes urgency and instant demand?
Not every business owner has a clear exit strategy or even knows where to begin. Maybe they don’t feel that any of their staff are competent enough to take over the business just yet, but closing the doors isn’t an option.
Closing the doors means that you are closing down all your years of dedication and hard work – all that work for nothing. It’s worthwhile calling in a professional that can offer advice and support, while coming up with solutions to help you achieve the maximum amount of profit for your company in the shortest period of time.
About Business Exit Management Ltd
Business Exit Management Ltd is a company dedicated at helping business owners get out of their company when they are forced to or feel it is time. Maybe the company is suffering financially, maybe your health is suffering or maybe you have been injured and unable to work again.
Peter Vale is a professional exit project manager, author and event speaker that can assist business owners put an exit strategy in place in order to achieve the most amount of profit in the shortest period of time.
Peter has worked for top companies throughout New Zealand, United Kingdom and Australia and saw a need for exit strategies where business owners had no plan if they were unable to carry on working or were forced to leave for any reason.
Understanding the need of the business owner, Business Exit Management Ltd (exitman.co.nz) works to create solutions to help the owner leave their business without the financial downfall associated with it. The aim is to make the business owner wealthy even after leaving their company for any reason.
Through superior customer understanding and extensive business knowledge, Peter is able to offer solutions, support and advice for business owners looking for an exit plan.