Business Valuation

Business valuation. This section is relevant only if the business is being sold. Passing the business to a

family member would not involve a business valuation.

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Exit strategy. With any succession, ownership will be transferred, and you will remove yourself from the

day-to-day operations of the business. Alternatives will be compared, and a framework for making your

final choices will be developed. The transfer method and the timelines are decided. The exit plan should

then be published and distributed to everyone who is involved in the succession process.

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