Exit Planning
Exit planning: learning the metrics by which companies for sale are evaluated in order to prepare your own company for a premium valuation and a smooth due diligence process.
What is an Exit Planning Strategy?
(as defined by Richard Jackim, CoFounder of the Exit Planning Institute)
- An exit plan strategy asks and answers all the business, personal, financial, legal and tax questions involved in transitioning a privately owned business.
- Advising pet businesses of all sizes on exit strategies and value maximization.
- Its purpose is to maximize the value of the business at the time of exit, minimize taxes, and ensure the owner is able to accomplish all of his or her personal and financial goals in the process.
According to the Exit Planning Institute’s “2023 National State of Owner Readiness Report,” 68% of business owners indicated they had completed some degree of ‘formal education’ related to exiting their business.
Have YOU taken action yet to educate yourself regarding your future business exit?
At Birdseye Advisory Group, we want every owner we work with to sell their business at the highest possible valuation and for them to realize all of their personal, financial and business objectives upon exit.
We also know that the happiest owners after the sale of any business are those that planned their company sale well in advance.
Ask yourself:
- Is your business ready to sell and will the multiple you receive meet your expectations?
- Could you utilize the expertise of a certified exit planner and investment banker as you prepare your business to sell?
- Are you ready to find a buyer for your business and reap the rewards of all of your years of hard work?
- Are you considering acquiring a pet company but not sure how to execute on that plan?
- Are you looking for exit planning and M&A experts with 50+ years of experience in the pet industry to help you plan for an exit in the near future?
Birdseye Advisory Group’s unique business experience and financial knowledge will help you achieve the results you desire. Reap the advantages of working with bright, passionate strategists who infuse working relationships with energy and fun.
We Offer a Business Exit Boot Camp to Prepare You for a Successful Exit
Business Exit Boot Camp
A Business Assessment with Basic Valuation
We’ll conduct a comprehensive internal and external review of your business—using the same criteria a potential third-party buyer would—and provide a current valuation range for your company.
You’ll also receive a Prioritized Action Plan outlining key areas to address before entering a sale process or seeking outside investment. The plan details:
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Strengths: where your business will be perceived favorably by potential buyers
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Concerns: where buyers may raise red flags or apply valuation discounts
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Quick Wins: specific improvements that can increase business value within six months or less
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Longer-Term Opportunities: strategic initiatives likely to take more than six months to implement
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Documentation Recommendations: key records and materials that can streamline due diligence and build buyer confidence
We strongly recommend that every business participate in a Business Exit Boot Camp 6 to 36 months before a planned sale. This preparation helps ensure a smoother, less stressful transaction—and maximizes the valuation you receive at exit.
Our experience with BirdsEye Advisory Groups’ Boot Camp transformed the way we are strategizing for our future. Through the perspective and experience of Carol and Erin we were able to evaluate every detail of our P and L to ensure that all departments and aspects of our organization aligned with our future growth goals and strategy. It allowed us the opportunity to implement changes that help our department leaders under understand the value their day to day role provides in our value and growth strategy. Personally, I think this type of exercise in utilizing the expertise of BirdsEye Advisory is a must for any executive team. I know it will help BioPet ensure that we operating at maximum efficiency for years to come.
Every company that feels they are ready (or nearly ready) to move towards significant capital investment, acquisition or strategic merger should reach out to BirdsEye Advisory Group and partake in their Exit Planning Boot Camp. Like the name says, it’s an intense project, and I would recommend it even if you AREN’T considering an exit in the near future. Every stone of your company is turned over, examined and evaluated ~ essential in understanding the true health and readiness for scale or sale of your company. The structure of the program makes it relatively easy to walk through every aspect thoroughly and thoughtfully. Erin and Carol helped us hone in on where we excelled, what still needed some refinement, and what holes were empty and needed to be filled. The work they did with us, their thoughtful insights, and action plan recommendations have helped our team move to the next level faster than we would have been able to do on our own.
If You Plan to Sell Someday, Start Acting Like It Today: Exit Planning Is Just Smart Business Strategy
Most business owners overestimate what their company is worth. That’s not an opinion—it’s a data-backed reality. And if you’re planning to sell someday, that overconfidence can be expensive.
The good news? Exit planning doesn’t just help you prepare for a sale. It’s a smart strategy for building a stronger, more resilient business today.
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