Business Exit Planning

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C vs. S Corporation

"I expect to exit my business down the road, but is there anything I need to do now?"

Business owners often ask this question because they suspect that they should be doing something about exiting their businesses right now. These owners are on to something.

Someday, every owner will exit his or her business, either by choice or against his or her will (e.g., death, incapacitation). Far too many owners take a reactive approach to Exit Planning, beginning the process only after their exits. Additionally, since busy business owners tend to forego the planning necessary to exit their businesses on their terms, only the most motivated owners spend time or money planning for their departures.

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