Exit Planning
Often referred to as business succession planning, exit planning is the development of a strategy and a road map that enables the business owner to maximise 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. It’s critically important because the average business owner has 50-90% of their net worth tied up in their business. Most businesses are not saleable today for what the business owner expects.
Preparing your business for sale can be a hectic affair, perhaps triggered by an unplanned event and constrained by time. This typically leads to many unpleasant trade offs and a result that falls far short of the owner’s objectives. The alternative is a systematic approach initiated 3-10 years in advance and driven entirely by your personal exit objectives. This is the approach we can help you with.
At Dexter, we have worked with many owners to help them articulate their 5-10 year vision, create a strategic plan around that vision and effectively implement it.
Dexter specialises in exit planning and working with the owners of closely held SME companies who have a vision for their company and themselves.