M&A Exit Strategy: Conducting a Full Business Assessment
You’ve heard the saying, “It’s not personal, it’s business.’ But when it comes to selling your company, it’s both. Your business is more than just an asset. It’s your legacy, your retirement nest egg, and a reflection of years of hard work and personal sacrifice. Yet, the stark reality is that, according to the Exit Planning Institute, fewer than 30% of businesses that go to market actually sell. This alarming statistic indicates that most business owners haven’t prepared a comprehensive exit plan.
To get top dollar for your business, you need an M&A exit strategy. At Freeman Logan, conducting a full business assessment is one of the first, perhaps most critical, steps we take to prepare a business for exit. Its purpose is straightforward: To identify what it will take to maximize your business’ value and make it appealing to potential buyers.