Exit Planning Assessment

If you have thought about leaving your business, but don’t know how to begin, you are in good company. Before you choose where you want to go, let’s figure out where you are.

To assess your exit preparedness, please indicate your level of agreement with the following statements:

1. I know when, how and to whom I want to leave my business. *

2. I know how much money I’ll need annually after I leave my company to live a comfortable post-business life. *

3. The current value of my company meets or exceeds the value I need to retire comfortably. *

4. I know the after-tax value I will need from my business to meet my financial objectives. *

5. My key employees are motivated to grow the long-term value of the company. *

6. I have created a written, realistic growth strategy for my company that aligns with my Exit Plan. *

7. I have taken steps to protect my most valuable business assets (e.g., covenants not to compete for key people, restricted access, to trade secrets). *

8. I seek and implement tax-efficiency strategies in my business. *

If you intend to transfer your company to a family member or employee, please skip to 13

9. I’v completed pre-sale due diligence and addressed all issues identified.

10. I’ve completed tax planning to maximize the after-tax sale proceeds I will receive.

11. I know whether, and for how much, companies in my industry are selling

12. I’ve documented the non-financial characteristics that make my company valuable to a buyer.

If you completed 9-12, please skip to 17.

13. I’d prefer to transfer my business to family or or key employees, if they have sufficient resources.

14. I know how to transfer my business to family, employees, or co-owners for top dollar while paying the minimal amount of taxes.

15. My insider transfer plan will not upset my family members.

16. My successor has the skills and knowledge to run the business.

17. I have a written contingency plan for my business should something happen. *

18. My key employees will remain with the company if I die or become incapacitated. *

19. My family will have financial security if I die or become incapacitated before I transfer my company. *

20. My estate plan explicitly addresses my business priorities (e.g., business cash flow, transfer of business ownership and any related real estate). *

Name *

Company Name *

Address *

Phone *

E-Mail *

What To Expect From Us:

A written Exit Plan based on your goals, objectives, and concerns. Only after listening carefully to your answers to dozens of questions will we begin to create your unique Exit Plan.
A coordinated process that draws on the expertise of other advisors, because we know that your successful exit depends on it.

Exit Planning Assessment

What To Expect From Us:

Example Report:

Milford Office

Keel Point, LLC