5 Actions to Set Up Your Business With Your Exit in Mind, From a Wealth Adviser

Article Summary

• It’s important to plan your business exit early, even at the start, to build value and avoid last-minute crises when you’re ready to transition or sell.
  
  
• Maintain clean, transparent financials and aligned legal structures so your business is attractive to potential buyers or successors.
  
  
• Develop a scalable business model that can operate without you and protect key assets with professional legal and financial guidance.
  
  
• Think long-term about your goals — whether full exit, partial sale, or phased retirement — and integrate these plans with broader retirement and wealth strategies.