Now Is The Time To Start Your Exit Plan

Last week, I addressed a group of 50 business owners on exit planning. The first question I was asked is one I almost always get from owners, “When should I start the process of exit planning?” I gave the questioner the standard, “It depends” answer. Each owner and business has unique needs and goals to take into consideration. Regardless of each owner’s situation, let me offer a probable timeline and checklist for beginning the exit planning process. Now is really when the process sho...