The Seven Step Exit Planning Process™
Business Enterprise Institute, Inc. has developed a systematic approach to planning an owner's successful exit: The Seven Step Exit Planning Process™.
In creating a plan for an owner's successful business exit, there are numerous issues to consider. BEI's Seven Step Exit Planning Process™ is owner-centric and depends on the expertise of advisors from a variety of disciplines.
To learn more about the role of the attorney, accountant, business consultant, and financial planner/insurance professional in each Step, please follow the links below.
Step 1 - Identify Owner Objectives
Step 2 - Quantify Business and Personal Financial Resources
Step 3 - Maximize and Protect Business Value
Step 4 - Ownership Transfers to Third Parties
Step 5 - Ownership Transfers to Insiders
Step 6 - Business Continuity
Step 7 - Personal Wealth and Estate Planning