Exit Paths
Choose Your Final Direction
Every business owner will eventually exit their company. The only question is how and on what terms. A successful business exit strategy is not a one-size-fits-all solution; it is a choice between several distinct paths, each with its own financial and emotional implications. Our San Diego exit strategy consultants help you weigh these options to find the one that aligns with your goals.
Navigating Your Exit Paths: Finding the Right Way Forward
Internal vs. External Exit Paths
We categorize your options into two main streams:
Internal Paths
These include selling to key employees, transferring ownership to family members through business succession planning, or utilizing an Employee Stock Ownership Plan (ESOP). These paths often focus on maintaining the culture and continuity of the business.
External Paths
These involve selling to a third party for the highest value, engaging in an IPO, or even shutting down and liquidating the assets. These paths are often prioritized when the goal is to maximize immediate liquidity.
The Role of Business Continuity Planning
What happens if you become disabled or pass away before the exit is complete? This is why business continuity planning is essential. At Living Legacy, we implement contingency plans to work to ensure an equitable transition and protect the business value for your heirs, no matter the circumstances.
Why Our Clients Trust Living Legacy
Living Legacy acts as the facilitator for your entire advisory team, which includes CPAs, attorneys, and M&A advisors. We provide the broad knowledge and experience to identify planning strategies, guide a thorough discovery process with the team of advisors to prove up the details, and see the results through to implementation.
Who We've Helped
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