Here are some points you should reflect on when evaluating potential exit strategies as an owner:

• Funding: What financial means do you need as an exiting owner in order to maintain your quality of life post-transition?
• Legacy: What do you want to leave to the next generation (both tangible and intangible) that will continue to make an impact both professionally and socially?
• Values: what values will guide this transition process from one ownership group to the next?
• Control: Based on the roles and influencers within your ownership structure, who will need to be consulted in order to move forward with the decision is made?

At the centre of these key aspects to considered when evaluating exit strategies is the idea of ‘Trade-off’. The probability of preserving each aspect; funding, family values, legacy and control – will vary depending on the exit strategy being considered.

To learn more about how each aspect may vary depending on the exit strategy being considered, click next.