The One Page Exit Plan: The step-by-step guide to create an Exit & Succession Plan
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The quick and easy One Page Exit Plan(c) is a snapshot or a high level executive summary of a business owners' entire exit & succession plan. This 200 page workbook will help business owners consider the when and how they will exit your business? An exit & succession plan helps Business Owners to answer not just the "How they will exit the business" question but it explores the "Why they would like to exit?" It is designed to maximise the success of this transition from a business value, personal wealth and personal wellness perspective both before and after the exit.1.A One Page Exit Plan(c) is a visual, simple to understand guiding document. 2.Educational for the business owner(s), helping them to understand the process and communicate to key stakeholders. 3.Enjoyable to develop. 4.Dynamic by nature, easy to update and modify. 5.Enables alignment for both advisors & owners and acts as a scoreboard & roadmap. 6.Can provide the driving force and narrative for multiple advisors ensuring they are all on the same page. 7.Can be done initially as a simple exercise but has the ability to be the framework for weeks/months and even years of driving actions. 8.It connects the dots. Decisions about a Business Owner exit are often made in isolation without an understanding of the impact and relationship between business matters, personal financial planning and the owner's personal wellness. 9.Should be done quarterly or every 6 months to help the business owner stay on track and see progress (like losing weight!) It is a summary of a business owners major goals and their current progress toward these goals. It helps to articulate a personal vision, understand business value; and personal exit & succession goals. It is a living, dynamic document.
Peter Hickey is the founder and CEO of MAUS Business Systems and the president of the Australian Chapter of the Exit Planning Institute. He is a bestselling author and creator of a wide range of business tools that have been used in over 60,000 businesses around the world. He is a pioneer and SME thought leader continually innovating and producing simplified management content. As a business owner, Peter founded and successfully built MAUS from a one-man business to a multi-million dollar concern and sold it a multibillion dollar publisher....he then re-acquired the business 7 years later. He wrote a number of bestselling books on Business Planning, Exit & Succession Planning and even a Mini MBA program. Peter has consulted with or trained thousands of businesses over 3 continents. He won the Ernst & Young NSW "Entrepreneur of the Year" award in 1999 and his company has won numerous business awards. His works have been recommended or used by over 30 tertiary educational institutions. He has been active in buying and selling businesses and has a passion for helping business owners achieve what he has achieved. About MAUS MAUS Business Systems is a leading publisher of cloud business software targeted to SME's (small to medium sized businesses) and Business Advisors & Accountants. MAUS publishes one of the largest ranges of management software titles in the world. These multi - award winning business tools are now being used by more than 60,000 companies around the globe. The company also develops nationally accredited training programs and has sold resources to universities around the world. These solutions cover -Business Planning & Financials -Exit & Succession Planning -HR Management Systems -QA & WHS compliance systems. And to the Business Advisor and Accountant -Business Advisory Client Programs
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