Develop Exit Plans With Key Professionals

The most successful exit plans are created with a team of key professionals providing advice and guidance related to their particular specialties.  For instance, a typical exit strategy team might include bookkeepers to ensure the financial records are clean, tax accountants to ensure all tax filing needs are met consistently, insurance professionals to ensure that liabilities are identified and neutralized, human resources specialists to ensure that all employee compliance requirements are met, one or more attorneys to ensure corporate governance, intellectual property, and general counsel tasks are well managed and up to date, an investment banker and an exit consultant – all working together as a team to ensure that the exit plans are thorough, completed according to schedule, and designed to maximize the value for the business at exit.