Merger

With a merger business exit strategy, your business is either purchased by or merges with, a company with similar goals to yours.

Initial Public Offering, or IPO

It means the first sale of a business’s stocks to the public. This business exit strategy is profitable for big businesses, but it might be difficult for small businesses because it is costly and time-consuming.

Acquisition

In this business exit strategy plan, a company buys out your business simply to acquire its talented or skilled employees.

Employee Buyout

When you’re ready to exit your business, people who already work for you may want to buy your company from you. Since they know you and know how to manage the organization, this business exit strategy could result in a smoother transition and increase loyalty to your business’s legacy.

Sell Your Stake

If you aren’t the sole proprietor of your business, you can sell off your stake to a business partner or other investors.

Liquidation

This kind of business exit strategy is the most final. If you liquidate, you’ll be closing your business and selling your assets. Need to say that liquidation doesn’t have to mean defeat—just an ending to a chapter.

Declare Bankruptcy

No one wants to file for bankruptcy, this could be your last resort if something goes wrong.

PurpleZ, as a powerful business exit strategy provider in Irvine, implements an Exit Strategy for California small businesses depending on their decisions, whether it be selling or merging their business. As a forward-thinking business owner, you should have an exit plan. The exit strategy planning process is crystallizing your personal and business goals to make the best decision for your business at the appropriate exit time. Our business consultant team helps you make the best decisions.

Basic

$1000 One Time

Strategy Development
Forecast and Analysis
Risk Mitigation
Business Valuation
Tax Planning
Legal Counsel
Succession Planning
Financial Planning
Asset Management
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$1500 One Time

Strategy Development
Forecast and Analysis
Risk Mitigation
Business Valuation
Tax Planning
Legal Counsel
Succession Planning
Financial Planning
Asset Management
Marketing Services

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$1875 One Time

Strategy Development
Forecast and Analysis
Risk Mitigation
Business Valuation
Tax Planning
Legal Counsel
Succession Planning
Financial Planning
Asset Management
Marketing Services

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Purplez Strategic Plan is updated annually and used to provide focus, direction, priorities, and action to move organizations from where they are to where they want to be. We suggest business owners begin with the end in mind, meaning having a clear picture of where they are going, what type of company they want to be, and what they will do when they have achieved their goals or that the time comes for them to Exit. We consider some items before building an Exit Strategy.

2023 PurpleZ’s Strategic Plan for an Exit Strategy

Start Planning Your Business Exit Strategy Today!

Establishing a timeline, assigning tasks, and gathering resources to begin the process.

Negotiating the terms of the sale and working towards an agreement.

Estimating the value of the business, and exploring potential buyers.

Finalizing the sale, handling legal and financial matters, and transferring ownership.

What is a business exit strategy?

An exit strategy is a plan for the future of your business when you want to leave your business. It describes the form of transition.

Explain your business exit strategy

A good business exit strategy is easy to understand, remember, and apply.

This means your business exit strategy should be:

Clear and concise – an effective way of communicating the key points of your plan.
Easy to remember – so you can refer back to it frequently during times of uncertainty or stress when making decisions about your business’s future.

Define your goals and timelines

The first step in creating your exit strategy is to define the goals you want to achieve with it and when you’d like those goals to be reached.
Define the business value of your company. Once you’ve defined what success looks like for your business, both parties must have an understanding of what exactly makes up its value–this includes tangible assets (such as equipment), intangible assets (like intellectual property), and intangible liabilities (such as debt).

Explore alternative exit strategies

The best way to find a buyer is to advertise your business for sale. You can do this by placing an ad in the local newspaper or Craigslist. Still, hiring a professional broker specializing in selling small businesses is much more effective.

A private equity investor may also be interested in buying your company if they think they can turn it into something bigger than what it currently is. The downside is that you will get less money from them because they’re looking for long-term gains rather than short-term ones like venture capitalists do (see below).

Venture capitalists are another option when exploring alternative exit strategies. They’re often willing to invest large sums of money into startups and growing companies so long as there is potential for profit down the road; however, these investments tend not to be as lucrative as selling outright due to their high-risk nature.

The main benefits of a business exit strategy

Having peace of mind for making your business profitable after exit strategy
Selecting the best timing
Protecting the value of the business
Creating a transition for your management team
Generating income for and high rate of return to investment
Guiding the direction of your company to the future
Giving you a timeline to work within
Making you a space for capitalizing on an active market
Saving you plenty of time and money
Taking control of your life and business
Minimizing or eliminating capital gains taxes

Thinking about your business exit strategy? Let’s guide you.

The components of a business exit strategy PurpleZ considers:

Owner’s Goals and Objectives
Business Valuation
Value Analysis
Value Enhancement Opportunities
Exit Options assessment
Strategic Timing
Tax Calculation
Recommendations

What happens when your plan to exit on your own?

Whether you plan to exit or have to exit, you need experts to direct you to the future of your business. PurpleZ, as a top business consultant and marketing agency in Irvine, helps you in this regard.

But if you do this on your own, you cause an irreparable failure:

Losing control over the process
Paying too much in taxes
Suffering stress and anxiety
Failing to realize all your business and personal goals
Losing the value of your business
Wasting time and money
Losing a great deal of income
Losing your employees and disorganization of the management team

PurpleZ can help you with your business exit strategy

Our goal is to ensure you are prepared for whatever comes your way. We will work with you on creating a plan for selling all or part of your company and helping with any other tasks related to an exit from the company (including finding new buyers, handling negotiations, and more).

PurpleZ implements exit strategies, ranging from selling to merging your business, best suited to your business goals. Our experts measure all the necessary elements initially, then recommend you to leave from or stay in your business.

Want to make an appointment with our consultation team? Contact us online and call us at +1 (800) 213-7303