Exits take many forms. Perhaps you intend to sell your business, or maybe you plan to remove yourself from the day-to-day operations. As a business owner, it is essential to have a clear, effective exit strategy and plan in place, even if you have no immediate intention of leaving. This session will discuss the purpose and rationale for having an exit strategy. Through case studies, examine topics like: what are the key factors that make an exit successful for all involved? What is the value of your company? Why does your infrastructure and organizational culture matter? How can you identify key factors you should leverage in a sale? How does your exit strategy tie into your overall financial strategy? If you think about it, exit strategies are just another business process, and when done well, they are often the most lucrative. Does this business step match your plans? Decide when, plan how, and then act.
Benny Orr is a seasoned business professional. Early in his career, he established a translation, localization, and content development firm, led it to success through organic and M&A activities, then sold the company to TransPerfect. He served as the President of the Israeli Division for 3 years, and now serve as an M&A consultant. In addition, Benny works as a senior consultant to public and private companies, serves as a certified director in companies' Boards, serves as a mentor and coach to CEOs and businessmen, and develops new business initiatives.