ENABLING YOU TO LEAVE ON THE RIGHT TERMS

THE NEED TO PLAN

Despite agreeing with the need, how many managers/owners, knowing that an up-to-date business plan is a pre-requisite for any successful business, actually maintain one? Many will have produced one at some time in the past when requested to do so by their 'friendly' bank manager and it will lie somewhere in their office, gathering dust.

As the most obvious place to have an Exit Plan or Exit Strategy is within a business plan (the need for direction, objective), it follows that the vast majority of business owners have no formal plan in place to help them determine these obvious and ultimate business goals.

Out of respect for the health of visitors to this site, we will not highlight just yet the percentages of businesses in the UK where there exists no up-to-date business plan and no idea of when or how to effect "the way out". They are too frightening!

"If the business of Exit/Succession Planning is not done by 'process' (by planning), it will be done by 'crisis' (failure to plan), with perhaps disastrous results."