(Newswire.net — January 29, 2015) Reading, Berkshire — Financial Power, a management consulting firm specialising in maximising business exit valuations, have just revealed that a client firm was rescued from a £1M hole in their balance sheet using their recently published exit strategy planning tool.
The exit strategy planning tool which consists of 13 key steps, was used as the backbone to the rescue and aided all concerned to achieve a 10 times multiple for the business owner, only 12 months after the discovery of the £1M hole.
The exit strategy checklist can be downloaded for free from the Financial Power website at http://FinancialPower.biz
This type of rescue situation is not a surprise when you consider most business owners and entrepreneurs don’t have an exit strategy whatsoever.
ROCG, a company that specialises in business exits and transitions, carried out a survey that reported 91% of the businesses surveyed didn’t have a formal exit strategy plan
Ironically this same survey cited that 84% of the respondents acknowledged that the proceeds from their exit were important to their future.
The exit strategy plan published by Financial Power is the result of over 20 years of working on client projects where they have created and executed exit plans with the business owners and management teams concerned.
Trevor Wilson, the founder of Financial Power, when asked to comment about this particular case said, “The 13 step checklist was invaluable to our team and is something we now make available to everyone that visits our website.”
“It doesn’t matter how much experience you have in any field, following a proven sequence of events ensures you maximise team performance. In this case it allowed us to highlight problem areas quickly and help the business owner to exit for a much higher valuation than was initially estimated.”
If you would like to download the exit strategy planning checklist used please visit the download page at…
http://financialpower.biz/exit-strategy-checklist/
Financial Power was founded by Trevor Wilson and is a specialist management consulting firm specialising in business exit preparations and deal structuring.
About Financial Power
Financial Power specialises in helping business owners and management teams maximise their business exit by reducing timescales and increasing valuation.