Through this presentation, we have explained the benefits of an exit strategy in a business.

1. Benefits Of An Exit Strategy

2. Introduction
As a business owner, it’s hard to think about devising an exit strategy. However,
creating an exit plan is as important as setting the goals of your business.
There are many benefits of an exit strategy after you make one. According to
statistics, seventy-two percent of companies don’t have an exit strategy.
Fourteen percent of businesses have an exit plan while fourteen percent of
companies are still planning to make an exit strategy.

3. Importance Of An Exit Strategy
Any small business should formulate an exit plan without failure. Companies should
consider it as important as creating their business plans.
Moreover, the benefits of an exit strategy are worth acknowledging. So, start
planning to make an exit strategy for your business even before you establish that.
As soon as you create a well-planned exit strategy for your business, you can expect
these advantages instead.

4. 1. Sell Your Business On Time
An exit strategy will give you an idea about the best time to sell your company in
the market. A strong sellers’ market will allow you to get the maximum price for
your company.

5. 2. Stay Mentally Prepared To Leave
You have created your company with all your hard work, efforts and emotions.
Letting it go so easily is easier said than done. As a result, you might feel a bit
reluctant to leave your business forever. An exit plan prepares you to abandon
your company without thinking twice. Plus, it also reminds you of the objectives
that you must achieve within that period.

6. 3. Attract More Potential Buyers
An exit strategy lists down all the objectives and goals that you’ve aimed to
achieve. When your potential buyers see these goals and objectives, they start
considering you a dedicated and sincere business owner. After all, you’ve
invested your valuable time and resources to create such a compelling exit
strategy.

7. 4.Identify The Correct Selling Time
When you have a comprehensive exit plan with you, selling your business
becomes easy and simple. This is because you can identify the best time for
selling your company in the market. You will know the specified period for which
you can operate your business. By keeping this aspect in mind, you can complete
all the necessary tasks of your organization within that period. Most importantly,
you will stay mentally prepared to sell your business at the right time.

8. 5. Know The Value Of Your Company
While making an exit plan for your company, certain points are covered. The
intangible assets, financial status, potential buyers and ongoing market position
are some of them. Consequently, you will understand the actual value of your
business before selling it. This is one of the finest benefits of an exit strategy to
consider.

9. About Us
BGES is a “one stop shop, business growth, future proofing and exit service
provider” for Small and Medium Enterprises with a proven track record of
producing exceptional results, including helping businesses get recognised on the
prestigious BRW Top 100 Fast Starters List and Business Award Winners.

10. Contact Us
Call
1300 87 78 78
Mail us
info@bges.co
Address
7/91 Phillip St,
Parramatta NSW 2150,
Australia