Exit And Succession Planning
Exit Planning
For most business owners the sale or transition of the business will be the largest financial transaction and most sensitive business transaction of their career. Something this important deserves advance thought, knowledge and preparation. Advance planning for a future business exit helps a business owner achieve maximum financial value and the most suitable deal structure.
TAB Helps Make Business Exits Happen.
TAB Central New Jersey works with its members to understand and and maximize their long term exit potential
Knowledge.
Defining the future exit plan that may be right for you - and a "Plan B"
Understanding basic transaction terms, types, structures and fundamentals
Identifying Key drivers of your business valuation
Planning.
Developing strategies for building and maximizing long term value
Organizing your business so that it is “Built to Sell”
Assessing & mitigating the risks to future valuation and/or a successful deal
Execution.
Assembling an effective deal team
Navigating the journey through through term sheets, documents and terminology
Relying on a group who has your back and best interests throughout the process
Succession Planning
A business transition of any type depends on a solid management succession plan which provides stability for future owners and leaders. This is especially critical for a family business.
We offer offers a variety of services and programs designed to build and bolster a successful succession plan
Entrepreneurial Operating System (EOS)
EOS is a comprehensive business system, integrating a holistic business model with a complete set of simple business tools and a proven business process to align and synchronize all the pieces of your business to help with your Succession Plan
Business Owner/CEO advisory boards (TAB)
Business Owner/CEO advisory boards (TAB) provide a sounding board of your peers to help a business owner in New Jersey vet and test the succession as it develops
Executive Coaching for the key managers
Tools such as DISC, Tri-Metrix, EQ and 360 peer reviews provide a baseline for Executive Coaching for the key managers who are integral to your Succession Plan
Financial Management services
Financial Management services help you identify the key strategic issues and opportunities which will need to be addressed in your Succession Plan