There are many tools available to help individuals get into business, but few that help them get out. Exit Planning is the only system that enables owners to leave their companies when they want, for the amount of money they need, and to the successor they choose
Santa Rosa, CA (PRWEB) June 22, 2010
E-Myth Worldwide® has formed a strategic partnership with Business Enterprise Institute (BEI) to equip business owners with the tools they need to successfully exit their businesses. The E-Myth and BEI Exit Planning partnership introduces a suite of new offerings to business owners whose goal is to leverage the value of their businesses to support their lifestyle, fund their retirement, or launch a new venture.
The initial collaboration includes three industry-leading offerings that are designed to provide business owners with the tools they need to successfully plan for and exit their businesses with maximum market value:
1. A Value Driver Assessment that helps owners identify areas in their business that impact the potential cash value of their company.
2. An E-Myth Mastery™ coaching program tailored to maximize business value and remove the barriers that prevent a successful business exit.
3. The BEI Seven Step Exit Planning Process™ that focuses on designing and implementing a business owner's successful exit from his/her company, while maximizing financial returns, minimizing tax liabilities and planning for contingencies.
"There are many tools available to help individuals get into business, but few that help them get out. Exit Planning is the only system that enables owners to leave their companies when they want, for the amount of money they need, and to the successor they choose," says John Brown, President of Business Enterprise Institute.
"According to Deloitte & Touche, 71 percent of all small and medium sized business owners plan to exit their business within the next 10 years and more than 90 percent of these owners will not be able to sell their business and meet their retirement cash requirements," says Walter Good, President of E-Myth Worldwide Licensing Division. "With recent recession losses in real-estate and equity retirement accounts, business owners have become more dependent on their business assets to generate their retirement cash requirements. Our program is designed to get business owners thinking about their exit strategy earlier, and then provide them with the education, coaching and planning tools to insure the greatest value and most successful business exit."
More information about the E-Myth and BEI business exit and succession planning system can be found online at http://www.e-myth.com/exitplan.
About E-Myth Worldwide®, Inc.
E-Myth Worldwide is the leader in business success coaching, training and education programs and services. For more than 30 years, the company has provided the programs, systems and tools that inspired founder Michael Gerber's bestselling handbook for small business owners, The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It. Today, E-Myth coaches entrepreneurs to use the same time-tested business development formulas to build predictable, sustainable and successful businesses. Visit http://www.e-myth.com for more information about E-Myth.
About Business Enterprise Institute, Inc.
Business Enterprise Institute, Inc. (BEI) is the preeminent Exit Planning Resource for business owners and their advisors in North America. BEI has been developing the Exit Planning industry for over 10 years and maintains its position as the thought leader in the field. BEI's founder and president, John H. Brown, began practicing Exit Planning over 30 years ago when he was an estate planning attorney who focused his efforts on helping owners of closely held businesses exit their companies in style. In 1990, John Brown first presented an organized Exit Planning Process in his book, How To Run Your Business So You Can Leave It In Style. Today, this book is the No. 1 selling book on Exit Planning. As the original creator of The Seven Step Exit Planning Process™, BEI continues to help business owners and their families benefit from their life's work by showing owners how to successfully embark upon the Exit Planning Process and achieve their unique Exit Objectives. Visit http://www.exitplanning.com for more information about BEI.
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