Owner Goals and Exit Readiness
Share your goals and how ready you are to exit, and save your progress to return later.
About you
Full Name
*
First Name
Last Name
Email
*
example@example.com
Company Name
*
Your personal and business numbers
Annual spending desired after you step away (today's dollars)
*
Other reliable annual income after transition
*
Years until planned transition
*
Planning horizon (years the money needs to last)
*
Current investable assets available for this goal outside the business
*
Do you have a documented retirement projection?
*
Yes
No
Not sure
Capital needed per that projection
Do you have a recent valuation or value estimate?
*
Yes, independent valuation
Yes, broker or banker opinion
Rough idea only
No
Estimated value of the business if known
Source and date of that estimate
Exit readiness assessment
Business value and transferability
1. We have a recent independent or transaction-informed value range, with assumptions and a clear distinction between enterprise and equity value.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
2. Revenue and profit do not depend heavily on one customer, supplier, product, or owner relationship.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
3. A capable management team and documented processes can operate the company through a prolonged owner absence.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
Evidence or comments for this section
Financial records and transaction readiness
4. Financial statements, add-backs, cash flow, and working capital can be explained and supported.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
5. Key contracts, intellectual property, ownership records, and material obligations are organized for review.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
6. We have identified likely buyer concerns and have a plan to address the most material ones.
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0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
Evidence or comments for this section
Personal wealth and income
7. Our retirement and family spending goal is quantified and stress tested across reasonable scenarios.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
8. We know the approximate net proceeds needed from the business after tax and costs.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
9. We have a strategy to diversify wealth outside the business before and after a transition.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
Evidence or comments for this section
Tax, estate and protection
10. Our CPA and attorney have reviewed ownership structure and potential transaction tax issues early enough to preserve options.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
11. Estate documents, beneficiary designations, and business succession arrangements reflect current wishes.
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0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
12. We have considered disability, death, key-person, liability, and continuity risks that could interrupt a transition.
*
0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
Evidence or comments for this section
Timing and life after the business
13. We have discussed preferred timing and possible paths, including family, management, or third-party transition.
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0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
14. Family and key stakeholders understand roles, expectations, and areas of disagreement.
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0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
15. We have a credible plan for identity, purpose, and daily life after stepping back.
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0 = Not in place or unknown
1 = Partly in place
2 = Documented and recently tested
Evidence or comments for this section
Your exit preferences
Which exit paths are you considering?
*
Sale to a strategic buyer
Sale to a private equity or financial buyer
Sale to an individual buyer
Management buyout
ESOP
Family transfer
Not sure yet
What matters most to you?
*
Getting the highest price
Receiving most of it in cash at closing
Keeping the company independent
Protecting employees and culture
Keeping it in the family
Completing the transition quickly
Anything else we should know?
Consent
*
I understand this information will be used by McLean Financial Planning to prepare an educational planning review, which is not a business valuation, appraisal, tax opinion or legal advice.
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