Exit Planning

According to the state of owner readiness suvery conducted by the Exit Planning Institute in 2013, 48% of owners in the study have done no transition planning and 79% of owners have no written transition plan.  

“As a partner and owner in Market Square Advisors, there was a time when I did not have a transition or exit plan. Like many successful business owners, I was consumed in the daily grind of running a business and serving clients. As owners, the busier and more consumed we become, it is easy to lose sight of the future. When I slowed down enough to open my eyes, I realized that to operate, and grow Market Square Advisors as a firm, I had to address the questions and concerns raised on the last page. I chose to address these issues not only for the benefit of this firm and my family but also to help the many business owners and family business’s we already serve. I made an investment and immersed myself in attaining the Certified Exit Planning Advisor certification through the Exit Planning Institute. In the process, I have learned the need for exit planning is great and the consequences of having no plan or an informal plan can be devastating personally and mean millions of dollars financially.”

“My goal is to motivate business owners and family business’s to address these and many other issues. By focusing on providing a clear direction and formalizing an exit plan I aim to help change the outcome for business owners and their families.”

Matt Barrette, CEPA  Co-Founder Market Square Advisors