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Easy Exit Planning - a FREE one-minute, five-question Transition Readiness Evaluation
Preparing a business, finding a buyer, negotiating and concluding a sale is a project best conducted with a team of professionals over an extended period of months and sometimes years. Transferring a venture is complex, time consuming and you must do it while continuing to grow the sales and profits of your business. We can make it easier!
By exit planning when not facing some life-changing emergency, the process improves your operations in many ways, making your job as current owner easier, more satisfying and more profitable. You will benefit now and later.
| Learn: |
| ◊ How to determine your transition readiness. Can your business serve its customers with you not there, and if yes, for how long and how well? Register and we’ll send you our Transition Readiness Questionnaire. Then you can begin preparing to play a better business game. |
| ◊ Motivation & valuation-What’s first? What is your motivation for selling or preparing to exit? Your motivation will influence many key factors: If you love what you do, you may be able to teach a new owner, exit gradually with your price and terms. If you’re burned out or ill, you may be most comfortable with a quick sale and negotiated price. What is your business worth? Value on the books may be low or high compared to the needs of different, specific buyers. First, decide what you want now and in the future. Then determine where you are so you can explore what may be next. What are your priorities? What’s the sequence of action steps necessary to move your venture from here to there? |
| ◊ Leadership: inspiration and delegation. What is your leadership quotient? If you want to prepare for stepping out of your business gracefully and with a retirement income, someone else will need to begin doing what you’ve been doing. This person or persons will need to do those things even better than you’ve done them so both of you can be paid instead of just you. How might you balance innovation, instruction and inspiration to improve your business systems, methods and processes for remarkable new results? |
| ◊The costs and rewards of exit planning. The way
you’ve been running your business has had costs: many hours of
your life, possibly the quality of your relationships, possibly costs
to your health. What and how will you organize your business so it
runs well without you? What will it cost for you to:
1.Empower others to do the work you’ve been doing and 2.Create income streams so you can afford to step out and get a reward for the years of effort you’ve invested and the good systems you’ve built; and 3.Reduce debt and risks to increase the chances the new staff can adapt to the firm’s internal changes and market fluctuations. |
◊ Finding a buyer, reaching agreement. Describe your business and the value it has to customers, employees and a prospective owner. Promote that value as desirable to an investor. When you identify possible buyers, learn what they want. Consider how purchasing your business might further their goals. What are the qualifications needed by an owner to be successful with your business? Design your business to be easy to own while fulfilling the objectives motivating most prospective buyers. Assisting others in achieving their goals enables you to reach yours. A win-win agreement is easier to sell; create what they’re looking for so they can demand what you offer and are happy to pay your price and terms. |
| ◊ Teaching the new owner to succeed. Write an Operators’ Manual with frequently asked questions. Any machine you buy comes with instructions on how to use it. Where is your manual? Is it up to date? Does it reflect the experience of your employees and customers? Create an apprenticeship, ongoing training, development and mentoring support program for each job position including managers and the owner. Then use this to train and develop the person who will purchase your business. Is your venture “easy to operate?” Instruct the new buyer in how to train and develop the skills of current employees, while improving the business systems and methods. |
| ◊ Sale, buy-sell and employment contracts. Short Background Sketches of Instructors’re going to gradually sell stock to an employee there are laws and legal precedents that change from state to state governing many of these issues. If you’re going to sell only your business for cash, a sale agreement is in many ways similar to selling real estate. Attorneys, business brokers and some real estate agents can assist with these documents. It’s important for you to have background knowledge of what you want in the agreement and what you might like left out. Legal, tax, accounting and business expertise is of great importance to avoid the costly traps a novice may experience when selling a business. |
| ◊ Moving from the present to the future.
Many of us resist change because we don’t know enough about our unique personal strategies for successful change. We all have made successful changes at some point in our lives. Many methods teach businesses formulas for successful change, but our goal is to help you identify and expand on your own personal success formulas that help move transformations from being something painful and anxiety producing, to something that is more natural and easy, to flow with the river of change rather than move against it. This is especially relevant for making successful changes in our work and business lives. |
| ◊ How to deal with the unexpected
Many of us have learned to only appreciate the fixed, known, expected parts of our lives. We are afraid to take risks. Yet we also long for discovering the unknown, hidden, complex parts of our lives. We will learn how to appreciate and welcome the unexpected. Security without spontaneity can lead to a life that can become uninspiring, repetitive, and boring. We will learn to appreciate the unexpected as part of what adds spice to our lives, so that we aren’t just caught off guard, but learn to reduce the levels of shock and surprise and increase the amounts of thrill at experiencing something extraordinary. This kind of strategy allows us to take the risks necessary to move from something fixed to something new and potentially more creative in our work and business parts of lives, as well as in all of our relationships. |
| ◊ What to do when you hit obstacles
An edge is a term referring to the limits of our personal development in any given moment. When most of us hit our limits, we go backwards. However, we can train ourselves to become edge crossers, to go through the more difficult moments of transition rather than just backing off when challenges come. Many of those we identify, as highly successful people are those who have mastered this knowledge of how to stay with and go forward when they reach their own edges. We can have edges to leaving, to staying, to doing something old, to being more assertive—there are edges to any human behavior and human emotion. Master edge jumpers skillfully identify and go over their edges. They not only have more successful businesses and business transitions, but there are real health benefits to learning to hold one’s self and work at the edges. |
| ◊ Using conflict for creative new ideas
Conflict work is transforming how we deal with disagreements at all levels, from our personal relationships, to businesses, to conflict between large groups and nations. By learning to be a successful conflict worker, we can save ourselves and our businesses incredible amounts of money, time, energy and grief. In this class, we will learn to begin to turn around even the most difficult conflicts, with brief, accurate interventions. We will learn skills that can apply anywhere to resolving a conflict, whether at home, at work, or on the streets. When we begin to make major transformations in our lives, some will resist those changes, and we will study together how to effectively work with those who we bump up against. |
| ◊ Getting support of staff and family
We need the tools to go beyond resolving conflict, to actually know how to work with the group process of those around us, whether our work situation, family, or whatever other support systems we interact with. We will look at basic Process Work group process methods that help us to move beyond polarization to maximum amounts of support. Successfully getting our families and associates to support our changes can make or break the kinds of transitions we are trying to achieve. |
| ◊ How to have fun in the midst of change
Our goals in teaching the kinds of transformation methods we will be going over are to help us learn to not only be effective in the middle of change, but to enjoy the wild ride that transformation can lead us on. The more we learn to go along with and flow with the changes trying to happen, the more we can regain the fun and enjoyment of our lives. |
| ◊ Beliefs that hinder or help change
In many aspects of our lives, especially around how we make changes, we are operating like a computer with background programs running that we aren’t aware of. Once we discover the belief systems that program how we approach change, we can much more easily approach the whole area of positive change. We can free ourselves from negative, self–limiting, self destructive programs, and can reach the goals we most long to reach. |
| ◊ Mastering the art of letting go
Modern life teaches us a great deal about how to hold on, accumulate, and attach ourselves to our work, our relationships, our possessions, which are vital survival skills. However, at another moment, our happiness in life depends on our abilities to flow with what is happening and to let go of our attachments when it is time to let go. The timing of letting go is a vital skill to making successful business and other kinds of life transitions. |
| ◊ Working and living your dreams
So many of us have given up our dreams of what we really want to be doing with our lives because of various practical pressures. Yet, much of our sense of well-being and fulfillment has to do with living out our dreams. Many transitions are about our attempting to get back to these fundamental dreams that are very close to the core of who we are. Learn ways to identify these key life dreams and give ourselves the support we need to fulfill them. |
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Easy Exit Planning - a FREE one-minute, five-question Transition Readiness Evaluation Introduction to Exit PlanningThe Introduction to Exit Planning consists of:
Explore your next steps; advance your exit plan with a professional who can answer questions and refer you to resources. Unlike starting a business or learning how to better operate your venture, many business owners only get one chance to effectively sell the enterprise they have worked years to build. Do not gamble with your retirement future. Get the help you need to do the job right. With help, you can make steady progress and stay on track for EASY EXIT PLANNING.
Coaching and ConsultingIndividual work to insure successful exit planning from start to finish. Pricing based upon project with sliding scale available. For further information, call John Anderson 800-249-1622 Introduction to Exit Planning Registration FormFOUR STEP REGISTRATION 1. The Introduction to Exit Planning Program fee is $120. Use major credit cards with PayPal's secure website via www.BeCauseBusiness/checkout 2. Complete the following and send in. First Name: Last Name: City and state: Email: Name of business: Type of business: Years in business: Number of employees: 3. Write a few sentences to introduce yourself. Share about your business and your interest in Exit Planning. 4. Please also send one or more digital photos of yourself, business and staff to becausebusiness@gmail.com. Your photos and introduction will help us get a better sense of who you are and how we may assist you in quickly and easily achieving your exit planning objective. The fee for our Introduction to Exit Planning Program is $120 per person. Use major credit cards with PayPal's secure website via www.BeCauseBusiness/checkout Easy Exit Planning - a FREE one-minute, five-question Transition Readiness Evaluation The fee for our Introduction to Exit Planning Program is $120 per person. Use major credit cards with PayPal's secure website via www.BeCauseBusiness/checkout |
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