The Exit Strategy The BEST Guide for Selling Your Business (2nd. Edition) is the book every business owner should have readily available. If you're a business owner, the truth is that at some point you will exit the business. Don't take that step lightly. Being prepared is key, and Jerry L. Mills takes you through a step-by-step process to help you get the most out of your business. With the impending Baby Boomer Tsunami in the next few years, there will be more businesses for sale than at any other point in history. This buyers market will cause great competition. Are you prepared to get out? Make sure you have an in with The Exit Strategy Guide. Along with the book, a helpful Dashboard Software Application is available for an additional fee. Being prepared is all the strategy you need. The 2nd Edition also features the results of a survey of small business owners from the Inc 500|5000 conference and is endorsed by the AM&AA the premier M&A association in the US.
I started this book 4 years ago when I first started my business and I didn't really grasp the value of it so I put it back on the shelf after a few chapters. I'm further along in my business now and I've found this book to make a whole lot more sense now that I have a clearer vision and financial goal. While there are many categories of topics that can increase or decrease a business' value in the potential buyer's eyes, the authors do a great job of helping the entrepreneur zoom out and see the big picture goals but also going into each of those areas sequentially.
I'll be revisiting this book a little further down the road, but being able to see what I'm driving towards is a huge help.