To leave or not to leave

If you're confused about exit planning, you're not alone

During a recent interview, I asked a roofing company owner whether he had an exit plan in place for leaving his company. His response was an all too common one: "Yes, my accountant handles that."

After our discussion, he discovered his exit planning adviser really is not an exit planner—just a great accountant.

What is exit planning?

Exit planning is an emerging profession that incorporates fragmented information into one holistic plan for a business owner to successfully exit his or her business. Many advisers claim to be exit planners, but a successful exit planner combines the strategies of many advisers.

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