Exit planning is a long term strategy for how you sell your business or entity.
You spend years building your business. You should put the same effort into a plan for selling your business. The earlier you start your plan, the more successful you will be.
Exit planning involves knowing how much you need to retire and planning for who will buy your business. Before you ever begin selling your business I calculate exactly what it is worth and have audits in place to support the highest price for your business. I also do tax planning to minimize your tax liabilities. As a Certified Exit Planner I work alongside insurance agents, attorneys, a business broker and of course your CPA to maximize the hard work you put into your business.