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A Proactive Approach To An Exit Strategy Is The Only Approach To A Successful Exit Strategy Finance Articles | October 15 Authentic Christian Dvorak Jersey , 2007

Today, there is a noticeable lack of consistency in how Exit Strategy services are delivered to business owners - even though succeeding a business is one of the most important and complex financial decisions that will be made in a business owner?s lifetime.? In this article, John M. Leonetti discusses how a proactive approach to an Exit Strategy is the only approach to a successful Exit Strategy.



For the past fifteen years, I have served as a principal Authentic Niklas Hjalmarsson Jersey , a manager, a transactional advisor, a legal advisor and a financial advisor to privately held businesses and their owners.? Over this time period, I have noticed a lack of consistency in how Exit Strategy services are delivered to business owners.? This inconsistency exists Authentic Shane Doan Jersey , even though succeeding a business is one of the most important and complex financial decisions that will be made in that business owner?s lifetime.? Proper planning and well timed exits can literally mean millions of dollars in additional Value and Wealth Preservation that is added to a business owner?s net worth and legacy.?


Therefore, it is imperative to inform business owners and their advisors of recent developments in ? and to provide timely information on ? this increasingly important practice area.? Few business owners or advisors today focus on developing multi-year ?planned? exits from a business.? For millions of business owners who are looking to retire or move onto a new phase of life, their exits often times lack the planning that may help ensure achieving that business owner?s personal goals.?


Advisors to privately held businesses play a critical role in this Exit Strategies process.? Privately held businesses have limited resources.? Sometimes there is a lack of capital because the seed money is mostly founder dollars, i.e. personal net worth.? Sometimes resources are limited within labor or human resources Authentic Clayton Keller Jersey , i.e. ?management?, because small businesses