Align Exit Planning: A Deliberate and Diligent Approach

​​Planning the transition out of business ownership is a significant and often emotional undertaking. At Align, we recognize that a successful exit requires careful consideration, adequate time, and thorough diligence.

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Many business owners envision a future with greater personal freedom or reduced day-to-day involvement. Our role is to guide you through a structured and thoughtful process that ensures your goals are met and your legacy is preserved.

Exit Options

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1. Closing Business

You may choose to close your business by:

• Paying yourself from business funds until they run out

• Selling assets (equipment, inventory, real estate) to generate cash

This can offer short-term financial support but may reduce market value and impact investors and employees.

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2. Selling to a New Owner

• Internal Sale: Selling to a trusted employee or family member can preserve your legacy but may lead to a lower sale price or personal challenges.

• External Sale: Selling to a larger company may maximize value but can bring organizational changes or staff reductions.

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Preparing to Sell

To position your business for a successful sale:

• Maintain at least 3 years of clean financials

• Strengthen your management team and cross-train key staff

• Streamline operations for efficiency

• Organize key documents:

  • Contracts, licenses, financials, audits

  • Employee records, insurance, asset lists

• Understand your training/transition period

• Decide for life after the sale

Choosing the Right Strategy

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There’s no one-size-fits-all solution. The best exit strategy depends on your goals, timeline, and desired legacy. Align is here to guide you every step of the way.