Summit Business Guides: Exit Planning is Business Planning

Ryan Howe of Summit Business Guides will cover the entire exit planning process this workshop, "Exit Planning is Business Planning".

With so many business owners unable to sell their company's (82% of businesses do not sell and less than 7 percent get the amount they expected), Howe wants to help educate as many business owners as possible about the Exit Planning process.  Here are some of the topics we'll touch on:

Value Acceleration Process: This is a strategic approach designed to enhance the value of a business before an exit or sale.

Assessment: Begins with a comprehensive assessment of the business's current state, identifying strengths, weaknesses, opportunities, and threats.

Value Drivers: Focuses on improving key value drivers like financial performance, customer base, operational efficiency, and innovation capacity.

Risk Management: Mitigates risks that could devalue the business, including operational, market, or regulatory risks.

Growth Strategies: Implements strategies to accelerate growth, such as market expansion, product development, or strategic partnerships.

Leadership and Team Development: Ensures the business has a strong, capable leadership team that can operate without the founder, increasing buyer confidence.

Exit Readiness: Prepares the business for sale by aligning it with market expectations, improving due diligence readiness, and setting realistic exit valuations.

Maximizing Sale Value: By enhancing the business's attractiveness, value acceleration can lead to higher sale prices or more favorable terms during exit negotiations.

Timeline Management: Helps in planning the timing of the exit to coincide with market conditions, personal goals, or other strategic considerations.

These are the main steps in the Value Acceleration Process Howe uses with his clients to build their businesses.  

Considering the sensitive nature of the topic, this would be another 3 hours investment to ensure attendees have enough time for questions.

About Ryan Howe:

Ryan Howe is a business coach and Certified Exit Planner who helps leaders of small and mid-sized organizations here in West Michigan and around the country grow their businesses.

Here are some of the specific services that Ryan Howe offers:

• Business coaching: Ryan can help you develop a clear vision for your business, set goals, and create a plan to achieve them. He can also help you improve your leadership skills, build a strong team, and create a culture of accountability.

• Exit planning: Ryan can help you prepare your business for sale or transfer ownership. He can help you develop a realistic exit strategy, value your business, and find the right buyer.

• Pinnacle workshops and public speaking: Ryan offers a variety of workshops and seminars on topics such as leadership, business growth, and exit planning.