Three questions every company owner will face one day
Let’s start with the good news. Many business owners possess the dream of one day selling their business and achieving a euphoric outcome. Now the bad news, many of these same business owners lack having a solid plan for making that dream a reality and never achieve it.
We regularly see that well run and successful businesses today do not always translate to “exit ready” businesses tomorrow. Exit ready means delivering on the owner’s dream relative to what they hope to one day achieve from selling their company. The gap is because not enough thought has gone into what we call, the Ownership Exit Triangle. This triangle is the starting point for facilitating critical questions a company owner should be answering to help lay the critical foundation to achieve their desired future outcome.
Here is a brief, but helpful video to help you think about the 3 key questions you’ll want to think about in advance of selling your company one day. (Ownership Exit Triangle video)
