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Align Corporate Advisors--EXIT Planning

<br>Planning to leave your business can be emotional as well as overwhelming. Planning a proper exit strategy requires diligence, time and care. Business owners often dream about taking more personal time off or at least work few hours each day/week, etc.<br>

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Align Corporate Advisors--EXIT Planning

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  1. We Provide Expert Services for Mergers and Acquisitions https://aligncorporateadvisors.com/

  2. Align Corporate Advisors: EXIT Planning Planning overwhelming. Planning a proper exit strategy requires diligence, time and care. Business owners often dream about taking more personal time off or at least work few hours each day/week, etc. to leave your business can be emotional as well as

  3. Align Corporate Advisors: EXIT Planning If you plan to exit from your business, choose your options: Closing vs. Selling 1) Liquidate and close the business. It’s hard to shut down the business you worked so hard to build, but it may be the best option to repay investors and still make money. There are two main ways to liquidate your business: Paying yourself until your business funds run dry, and then closing shop. The benefit to this method is that you will still get a paycheck to maintain your lifestyle. However, you will probably upset your investors (and employees). This method also stunts your business’s growth, making it less valuable on the market should you change your mind and decide to sell. Close up shop and sell assets as quickly as possible. Simple, and happens very quickly, the money you make only comes from the assets you are able to sell. These may include real estate, inventory and equipment. Additionally, if you have any creditors, the money you generate must pay them before you can pay yourself.

  4. Align Corporate Advisors: EXIT Planning

  5. Align Corporate Advisors: EXIT Planning 2) Sell to a new owner: Selling your business to a trusted buyer, such as a current employee or family member. Ideally, the buyer will already share your passion and continue your legacy. However, there are downsides to selling your business to someone you know. Your relationship with the buyer may tempt you to sell the business for less than what it’s worth. Passing the business to a relative can also potentially cause familial tensions that spill into the workplace. Instead, you may choose to target a larger company to acquire your business. This approach often means making more money, especially when there is a strong strategic fit between you and your target. The challenge with this option is the merging of two cultures and systems, which often causes imbalance and the potential that some or many of your current employees may be laid off in the transition.

  6. Align Corporate Advisors: EXIT Planning

  7. Align Corporate Advisors (ACA) Address: 1300 Ridenour Blvd, Suite 252 Kennesaw, GA 30152 Email ID: info@aligncorporateadvisors.com Phone NO: +1 (678) 831-2285 Website: https://aligncorporateadvisors.com/

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