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“Failing to plan is planning to fail” – Put your succession plan and exit strategy in place today

As a business owner, you will spend years developing your business. From concept and your first ever business plan, through to applying for investment and forecasting your business takes on a life of its own. 

Sourced through Scoop.it from: www.allthingsbusiness.co.uk

Although this British firm likely won’t be able to directly assist with an exit strategy, their insight helps. EGS is your go-to for quick succession planning and an exit strategy.

Before you start your new business, think about your exit strategy.

…A good business plan is long-term, with both a start and a finish. By planning your business exit strategy before you begin, your journey will be more rewarding, and your business better equipped to deal with future challenges.

Sourced through Scoop.it from: www.pretiumsolutions.com.au

Here’s a revised favorite, repeated for your benefit. EGS is 100% on-board with this advice.

Engineering Business Owners, Plan Your Business Exit Strategy

Nobody wants to be caught out if they’re faced with a sudden unexpected scenario, and by developing a business exit strategy you can help ensure that should you or another senior manager or director have to leave the company on short notice, you aren’t left in a difficult situation.

Sourced through Scoop.it from: insights.executiveheadhunters.co.uk

We sometimes come across an article that pretty much gets it right, as this one does. EGS has lots of experience with tech firms and will get the ball rolling swiftly.

Business Succession Plan | Wells Fargo

Whether you pass the business on to a family member, sell to an external buyer, or choose another exit strategy, thoughtful planning is essential to making your transition successful — not only for you and your successor, but also for the long-term health of your company. Even if you’re nowhere near retirement age or have no plans to leave your post, the time to establish a transition plan is now.

Sourced through Scoop.it from: wellsfargoworks.com

Short but powerful read for managers NOT thinking about succession. We hope you agree and decide to call EGS.

Exit ready | Exploring your options for an exit

Choosing the direction of your business’s future needs to be considered carefully. This video outlines the most common routes for an exit.

Sourced through Scoop.it from: www.youtube.com

Our colleagues in Great Britain often provide good exit strategy insight that is useful for North American firms. You’ll enjoy this video, and the accents. Enjoy, then contact EGS for un-accented expert help.

Business Valuation News & Topics

Billionaire investor Warren Buffett once told an audience at a business school graduation that business valuation was the most important course that they could take. He’s right — understanding the worth of your business gives you a tool to measure profit, achievement and loss.

Sourced through Scoop.it from: www.entrepreneur.com

Business valuation is a chief skill at EGS. Your unique business gets a custom approach with EGS designing your exit strategy.

How to Plan a Strategic Exit

What are the different aspects needed to grow a sustainable business that is transferable and valuable? Today’s episode is all about planning a successful exit. Starting now is the key.

Sourced through Scoop.it from: www.youtube.com

Here’s a half hour YouTube video interview with Ryan Tansom, a fellow exit strategist. EGS agrees with much of Ryan’s insights. View, then contact us to get going on your strategy.

Signs that your company is struggling financially

More new businesses than ever before are being started by inexperienced owners who don’t appreciate that a high volume of sales, doesn’t necessarily mean that they are doing well financially. It’s important to be aware of these early warning signs and take immediate measures to turn things around before it’s too late.

Sourced through Scoop.it from: www.globalbankingandfinance.com

Consider this short article as a pre-exit notice. Pay attention to these signs, then add an Exit Strategy beginning with a courtesy consultation with EGS.

10 Steps To Selling Your Business – Here’s How We Look at it In Ireland

Essential steps to selling your business smartly and safely for maximum return.

Sourced through Scoop.it from: www.mondaq.com

There’s notable similiarity between U.S. and European considerations for the sale of a business. EGS scours the world for the most effective tactics and strategies.

The Only 4 Exit Strategies for Business Owners – Which One is Yours?

Four simplified exit strategies for business owners explained with substantial clarity. Your business is going to need one or more of them.

Sourced through Scoop.it from: www.navixconsultants.com

Beautifully oversimplified! This short video is almost an elevator pitch, designed to get you moving. EGS will keep it simple even when your situation is complex, as most are.