What is exit planning and why is it important to you?

Often referred to as business succession planning, exit planning is developing a strategy or roadmap to allow the business owner to maximize the value and leave their business on their own terms. At some point every business owner will leave their business. For most business owners this is a once in a lifetime event. The average business owner has 50 - 90% of their net worth tied up in their business. You can't afford to mess this up. Without proper preparation most busin