Exit Planning

Editor's Note: This article and the feature A Continuing Story mark the third part of Glass Magazine’s "Exit Planning and Succession" series. See earlier articles from this series: A Successful Exit, Eight Disciplines of a Successful Exit, and An Employee Partnership. If you have an exit or…

I was interviewing an owner recently, and I had to pause and take a deep breath after he spoke those famous words, “but my accountant said they provide exit planning.” After my discussion he discovered their adviser really is not an exit planner—just a great accountant. Beacon, America’s Exit…

Editor's Note: This article and the feature An Employee Partnership mark part two of Glass Magazine’s multi-part Exit Planning and Succession series. The first in the series is, “A Successful Exit: Capture Business Wealth and Pass the Baton to the Next Generation;” the next article in the series…

Editor's Note: This article and the feature Eight Disciplines of a Successful Exit mark part two of Glass Magazine’s multi-part Exit Planning and Succession series. The first in the series is, “A Successful Exit: Capture Business Wealth and Pass the Baton to the Next Generation;” the next article…

Editor's Note: This article is the first in a multi-part Exit Planning and Succession series. The next installment will run in the April issue. If you have an exit or succession planning story to share, contact Editor Katy Devlin, kdevlin@glass.org. In running your glass business there is only…

An exit plan is a customized, written plan that monetizes a business; meets the owner’s business, personal and financial goals; protects his or her wealth; and moves the owner into his or her next stage of life. A succession plan, on the other hand, focuses on the human side of the business. In…

As a business owner, a good exit plan is crucial to profitably transferring ownership of your company. Yet, during conversations with hundreds of successful business owners, I have discovered some common misconceptions surround the exit process. Myth #1: “I will just sell my business and retire…