Coming Up on National Television Kelly Carter America's Leading Business Exit & Retirement Planning Expert

NEW YORK - Sept. 22, 2024 - PRLog -- Kelly Carter is the CEO of Beacon Retirement Planning Group and the co-founder of StepByStepExit.com and the M&A and Wealth Transfer Conferences. He has worked directly with individuals and business owners throughout the United States for more than 30+ years and is a Certified Exit Planning Advisor (CEPA). He has built a team of exit planning advisors around the country to assist business owners in maximizing their business value by using their proprietary Step by Step Exit process.

Business owners throughout the US consider Kelly Carter and his "Six1" team of exit advisors to be the experts when it comes to consulting entrepreneurs on preparing their businesses for success exits, with maximum value, and ultimately transitioning into retirement.

You've dedicated years, decades even, to building your founder-led or family-owned business. As you contemplate transitioning into retirement, recapitalizing to secure your financial gains, or simply stepping back due to burnout or other life changes, positioning your business for exit is not something to attempt alone. Despite the large volume of owners looking to exit, many are unprepared. Recent studies suggest that over 80% of business owners have no formal exit plan, and more than 75% don't even know the value of their company.

Small businesses are the lifeblood of our economy, making up over 99% of all firms and providing more than half of all private sector jobs. This translates to more than 2.9 million business owners over age 55, and more than 32.1 million employees generating revenue exceeding $6.5 Trillion.

According to the 2023 State of Owner Readiness Report issued by the Exit Planning Institute:

• Current research suggests that people age 55+ make up 21% of the population,but own a disproportionate 51% of privately held businesses in the US
• 75% of these business owners would like to exit their business in the next 10 years
• This represents 3 million businesses valued at more than $15 TRILLLON
• The current reality is that only 20% of these businesses will actually sell, meaning that more than $12 TRILLION of generational wealth could disappear without proper strategic planning.

Kelly Carter and his team of experts at Step by Step Exit are on a mission to change those numbers. Understanding the mergers and acquisitions landscape is critical for business owners, now is the time to begin planning your exit journey. Well-prepared business owners will be able to take advantage of favorable market valuations and high demand from buyers. Preparation is critical, as market saturation from the upcoming "Silver Tsunami" will likely increase competition. Whether you're exiting tomorrow, or 5 years from now, you need to have a solid exit strategy in place and that begins with knowing the value of your business today, what that value could be if your business was positioned correctly and which gaps in your operation are hindering that value.

Kelly will be outlining the members of the Six1™ advisory team that will prepare your firm for a successful sale and transition. This team of Six Trusted Advisors and 1 Business Operating System is critical to enhancing your company's value. The Value Gap Assessment (VGA) is the first step in Step by Step Exit's comprehensive process. This assessment identifies the gaps between your current business performance and your desired exit value. By analyzing key operational, financial, and market factors, the VGA provides you with a clear road map to bridge these gaps and enhance your business market value.

If you're thinking, I want to sell my business, then the next step is to identify the pitfalls to avoid and the steps you need to take NOW to increase the value of your business in this upcoming episode of Spotlight Television with one of the best exit planning strategists in the country.

Stay tuned for the upcoming air date announcement of Spotlight's interview with Kelly Carter. The episode is scheduled to air on CNBC to support financial awareness in America. To learn more about Step by Step Exit and to get started with a free business valuation and value gap assessment go to https://stepbystepexit.com/.