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Gavin Gibbons

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Not Having An Exit Plan Can Spell Disaster

I’m wondering if you have a bullet-proof mentality?

Because many business owners develop this kind of mentality out of necessity. It’s vital in the early years, to ensure your business survives and prospers.

But the problem is that life, is never predictable and business owners never remain bullet-proof forever.

So here’s why you need an exit plan…

🎯 BAD STUFF HAPPENS – Let’s face it, nobody is immortal. You never know what’s around the corner for you, your business partners or your family. An effective exit strategy sets in motion a plan to secure your future, despite the inevitable curveballs in life being thrown at your head..

🎯 MAXIMISE YOUR VALUATION – There is more to optimising your company valuation than most business owners realise. Owners almost always focus on the wrong things, when it comes to what will really move the dial. You need a plan in place at least 36 months before you want to exit.

🎯 CREATE A LEGACY – Leaving a lasting impression on the world, takes time to achieve. So does securing the livelihoods of the people who will remain in your business. An exit plan helps your business flourish, even when you’re no longer in the driving seat.

🎯 ACCELERATE YOUR JOURNEY – Having a robust exit plan can be your ticket to achieving your personal goals, more quickly than without one. All too often I hear business owners wanting to fix stuff, before they get going with an exit plan. But fixing stuff should be part of the exit plan. So get moving.

If you’re a business owner thinking of an exit in the next few years – you need the right kind of exit plan. We specialise in turning businesses around, scaling them and achieving a successful exit for the owners.