Over 50% of business owners say their exit plans are at least three years out, with some saying as far as 10 years down the line. And more than two-thirds of business owners say it is important for a company to be profitable and successful through the ownership transition process.
But how do you begin?
The preparation stage is key to executing a successful transition process. As you think about what’s next for your business, begin with the end in mind.
Choosing a Transaction Advisor
A trusted business advisor can help you understand the different decisions and actions you can take on your transition journey, including:
Why Eide Bailly
Our team can help you best position your business in the marketplace. We develop action plans to help you understand your options, make the most of opportunities and prepare your business for transition. We’ll help you understand your business’s unique value (or the value of the one you’re planning to buy) and help you make informed, strategic decisions about your company’s future.
Our people are trained business advisors with certified merger and acquisition experience, valuation expertise and more. Plus, we’re backed by a Top 25 CPA and business advisory firm with services to holistically help you in all aspects of your business.
“We would recommend the Eide Bailly team to any seller … It’s a great investment and will result in achieving the highest value possible for the business.”
In my opinion the most important members of the merger/ acquisition, other than the internal management team, is a very knowledgeable CPA firm and legal team. Eide Bailly’s team exceeded our expectations and delivered just as they’d promised."
The personal touch and extraordinary effort the Eide Bailly team put forward has far exceeded our expectations and any experiences we've had with past CPA firms. "