Exit Review - Are you Exit ready?

1

Have you thought about your exit strategy (trade, private equity, IPO, full sale, partial sale….)?

Yes

No

2

Do you have an idea of potential purchasers for the business; understand their acquisition criteria and what you need to do to make yourself more attractive to them?

Yes

No

3

Do you know how much your company is worth based on comparable trading companies and transactions? Do you know what you need to do to position your business for a higher multiple?

Yes

No

4

Have you structured the business in the most tax effective manner to maximise personal wealth?

Yes

No

5

Do you have detailed, reconciled management and financial accounts for the last 3 years and a robust budget for year of sale, supported by efficient financial systems?

Yes

No

6

Do you have a three year business plan based on organic growth and acquisitions, together with operational improvement?

Yes

No

7

Do you have an incentivised, competent management team that will stay with the business?

Yes

No

8

Have you selected a target date for exit and devised a program to maximise EBITDA up until then?

Yes

No

9

Have you carried out your own internal due diligence check on the business (contracts, key employee dependencies, IP, property, litigation…)

Yes

No

10

Have you prepared for a sale process by collecting data for a data room, developing KPI’s to monitor and selecting corporate finance advisers?

Yes

No

Are you Exit ready?

Are you Exit ready?

Still some work to do before you are Exit Ready You are on the way Congratulations - You are Exit Ready!