When Should I Start Exit Planning?
Most owners ask when should I start exit planning only after something forces the question - burnout, a health issue, a buyer call, or a change in the market. By then, the timeline is often working against them. Exit planning creates the most value when it starts before you need to leave, not when you are already halfway out the door. That does not mean every owner needs to prepare for a sale tomorrow. It means you should know where you stand, what your business is worth, what risks could reduce value, and what would need to improve if you…