At VSP we are committed to helping business owners prepare for a smooth exit from their business. As a certified exit planning advisor with professional business valuation designations in Canada and the United States, I believe that having realistic expectations with respect to how a potential purchaser would value your business and knowing how to enhance the value of your business before exit is critical to ensuring a smooth transition to new ownership.
Proper planning, including obtaining an independent business valuation, is also critical for avoiding potential disputes and costly litigation (matrimonial or shareholder disputes). Far too often I have seen spouses and business partners spend a significant amount of time, effort and money in litigation over disputes regarding, among other things, the value of the business. This is one of the reasons why we developed the Exit Starter Program at VSP.
I am also very pleased to announce that, as a representative of VSP, I will be a guest on "The Exit Coach Radio Show" on Wednesday, February 26, 2014 at 3:25 pm EST.
Bill Black, host of The Exit Coach Radio Show, interviews top Advisors about various tips, ideas and precautions for age 50+ business owners. He has over 275 episodes to date. I will be talking about planning strategies that are important for business owners to grow and protect the value of their business.
I hope you will be able to tune in. You can listen live from your computer by going to www.ExitCoachRadio.com and click on "live show" at the bottom of the page. If you miss the live show, a recording of it will be posted a few days later.
I look forward to your feedback. Contact us at www.vspltd.ca or firstname.lastname@example.org to find out more about the VSP Exit Starter Program or to speak with a certified exit planning advisor with business valuation designations in Canada and the United States.