Author explains how to sell your business — and feel good about it

SHERMAN, Conn. - May 24, 2022 - PRLog -- When you start a business, your first concern is about how to keep the doors open. Then you concentrate on long-term growth and profits and, eventually, the enjoyment of success. Millions of people consider ownership of a thriving business the pinnacle of professional attainment.

But Chris Vanderzyden argues that the story isn't over at that point.

Vanderzyden wrote her recently-released book, Master Your Exit Plan: Sell Your Business, Preserve Your Legacy, to help business owners through the next and just as important stage: Selling the business.

As Vanderzyden points out, 80% of businesses that are brought to market do not sell, and of the 20% that do, 75% of those owners regret selling their business later. Often it's because they hadn't thought through what their life would look like after the sale.

"The only way to exit your business from a position of control and clarity, resulting in a successful sale and a satisfying post-ownership life, is to have a Master Exit Plan in place," Vanderzyden writes. The book answers the following most pressing questions:
  • What are the pros and cons of the available exit strategies?
  • How do I determine if the sale of my business will produce enough liquidity for the next stage of my life?
  • Who can help me plan and execute my exit?
  • How is a business's value calculated?
  • What qualities will make my business attractive to a buyer?
  • Which type of buyer will meet my objectives?
  • When is the right time to sell my business?
  • What is the process for selling my business?
  • How do I protect my wealth post-sale and provide a legacy for my family?
Master Your Exit Plan also offers examples of successful sales, the different options that can lead to wealth from selling the business, as well as the emotional and practical aspects. It was published by Emerald Lake Books, a boutique publisher that offers personalized publishing services to its authors.

With over 20 years of experience consulting for M&A firms and privately held businesses, Vanderzyden is a founding partner of Legacy Partners, LLLP, an exit planning and M&A advisory firm. Master Your Exit Plan embodies the concepts she developed and uses every day with her clients.

Vanderzyden is also the best-selling author of 7 Steps to Entrepreneurial Victory. She speaks internationally on exit planning and mergers and acquisitions, is an expert contributor for media outlets, and is a guest lecturer for Harvard University Extension's Entrepreneurship and Innovation course. (ISBN: 978-1-945847-55-4)

Emerald Lake Books, Paul Steinmetz
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