Exiting Your Business Successfully

Jul 16, 2010

Exiting Your Business Successfully:
What You Need To Know

If you are like most business owners, you have devoted an immeasurable amount of work and resources into growing your company. With all that you have invested, doesn’t it make sense to plan an exit from that business that protects the wealth you have accumulated in it? After all, exiting your business will certainly be one of the most important financial events of your life. The first step is to understand that an exit is not simply the sale of your business. Rather, it is a process that may occur over many years and selling your business is just one of many options available to you. Designing your exit strategy will take time, planning, and forethought but will allow you to reap the greatest reward for your years of hard work.



Frank Mancieri, MBA has been working with clients on exit strategies and exit planning since 2001. He is a professional Chief Financial Officer and Exit Planner. Frank is a Partner at B2B CFO®, USA’s largest CFO firm focusing on mid market companies. He serves owners of emerging and mid-market companies with revenues up to $75 million who want to increase cash, profitability, sales and company value. He is also an adjunct Accounting Professor at Rhode Island College.

Frank graduated from Bryant University with a Bachelor of Science (B.S.) Degree in Accounting and a Master of Business Administration (MBA) degree in Management. He currently lives in northern Rhode Island with his wife, and has two adult children.

What is an Exit Plan?

An exit plan outlines your options as a business owner for transition of your business in the most wealth-protective way. This plan takes into account all factors related to your personal life, your business, the timing you would like for the exit, as well as potential successors or buyers.

The most obvious exit option to most business owners is the sale of the business to another buyer, perhaps someone in the same industry. It is important to know that less than 20% of businesses successfully sell to an outside buyer. What if you are one of the majority, and selling your business is not an option, do you know what exit choices are?


Free Seminar for Business Owners

Join us for a free seminar with exit planning experts who will discuss the six steps to planning a successful exit from your business:

  1. Planning for the exit
  2. Determining your financial and mental readiness
  3. Determining what type of exiting owner you are
  4. Learning about the exit options available to you
  5. Understanding the value of the options you choose
  6. Executing your exit strategy plan

Event Details:

Free Exit Strategy Planning For Business Owners

Tuesday, August 3, 2010
7:45 AM Registration and breakfast
8:00 AM to 10:00 AM Presentation

Hearth N Kettle Restaurant
250 Washington Street
Attleboro, MA 02703-5595

If you are interested in attending, please contact Frank Mancieri
401-651-1585 or fmancieri@b2bcfo.com


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