Too often, business owners and their companies are unprepared for a sale process, which dramatically reduces the likelihood of a successful transaction.
That’s where ExitMinded comes in. ExitMinded provides business owners with critical information, in advance of an anticipated exit, that empowers them to significantly improve their chances of a successful future sale as well as increase the value of their business (sale proceeds).
There are nearly 15 million privately-held businesses operating in the U.S. today.
Owners at or near retirement own an estimated 45% of these businesses.
2023 State of Owner Readiness (U.S. National Report), Exit Planning Institute.
2023 Market Pulse Report, International Business Brokers Association & M&A Source.
2023 BizBuySell Insight Report (released January 2024).
2024 Private Capital Markets Report (released mid-2024), Pepperdine Private Capital Markets Project (PCMP).
Completed in 6-8 weeks
$30,000-35,000
20% due at time of contract signing, balance due upon completion
*Specific pricing is based upon the complexity of the client’s business.
Our proprietary framework analyzes over 60 unique specific risk factors across every functional area of your business, including finance and accounting, operational, legal & regulatory, management and personnel, sales and marketing, information systems and technology, and R&D, among others. Our final report provides a prioritized set of recommendations for remedying each and every identified obstacle.
So you have a valuable, comprehensive report highlighting the most critical sale impediments within your business that need to addressed before you can think about a sale or transaction? Now what? Some ExitMinded clients may lack the necessary team members, expertise or resources to design & implement a sale readiness plan on their own. For these clients, ExitMinded offers assistance in designing, staffing and managing the critical projects within the plan and ensuring that the necessary changes are successfully implemented as expeditiously as possible.
ExitMinded helps assemble the most-qualified and cost-effective team of professionals to execute the implementation work for each and every plan project. Every team we build is unique, tailored to the specific needs and budgetary constraints of the client. ExitMinded solicits multiple competing proposals from a network of carefully-curated professionals and service providers-ranging from law firms and attorneys to finance & accounting firms to HR services providers to information systems & technology consultants -skilled at implementing change. Ultimately, the client chooses the specific members of the team, and enters into a services agreement directly with each network provider. ExitMinded ensures that the agreement deliverables and scope of services accurately reflect and align with the needs and objectives as laid out in the Plan.
ExitMinded oversees and manages all of the implementation work and providers on the Company’s behalf, leaving you free to focus on your day-to-day responsibilities. ExitMinded leads periodic, regularly-scheduled status meetings with all of the team members, identifying and resolving questions or problems as they arise, and tracking each and every team member’s progress along their specific timeline. In other words, ExitMinded serves as the “quarterback” of your implementation team, calling plays, assessing the defence, and ensuring that you’re moving the first down markers.
Some ExitMinded clients – whether they are managing this implementation work on their own or with the assistance of ExitMinded, may also benefit from meeting regularly with similarly-situated business owners who are seeking to implement many of the same critical changes within their own businesses. These Peer Advisory Groups offer clients a small but supportive and constructive forum in which to learn from subject matter experts, problem-solve and solicit ideas and feedback from other business owners on specific challenges or obstacles. ExitMinded very intentionally keeps these Peer Advisory Groups small – usually no more than 8-10 business owners per group – and works to match up clients who have similar businesses or business models (i.e., manufacturing, professional services, retail, industrial services, healthcare, etc.). ExitMinded Principals lead and moderate these discussions, which are designed to progress through and further educate business owners on sale risks and obstacles within each key functional business area. Peer Advisory Group meetings will also have regular guest speakers from among ExitMinded’s network partners who will share their implementation expertise and answer specific questions that group members may have.
