BPM Partner Rich Gunn Details Proactive Steps to Take for Effective Exit Planning in Contributed Article
To maximize business value in a sale, business owners need to prepare in advance. Otherwise, external forces may exert unwanted pressure, and an owner may be forced to exit with little control of the exit process and devastating financial consequences. “An unprepared exit is a hasty, chaotic and panic-driven process,” BPM Partner Rich Gunn writes in his article published with Forbes.
Fortunately, “the catastrophic results that plague unprepared sellers are avoidable,” states Gunn. He elaborates on what proactive steps should be taken now and concludes, “The earlier you begin, the higher the value your business will attain. This is effective exit planning.”
To read more about how to avoid the disastrous results that afflict unprepared sellers, access Rich Gunn’s full article on Forbes: “Why Your Business Is Undervalued—And What You Should Do About It.”