Exit planning encompasses a variety of strategies such as outright sale, succession to family or key employees, employee stock ownership plans, and partnerships with private equity firms. This process involves a thorough personal and financial analysis to maximize the business owner's value. Key elements of this analysis include understanding both the tangible and intangible value of the business, assessing the company's current readiness and appeal for exit, and identifying the owner's gaps in value, wealth, and profit. Additionally, determining the current and potential worth of the company is crucial.

The process also involves understanding the various exit options and how they apply specifically to the company. It is essential to comprehend the owner's personal vision and financial needs, aligning them with the business and financial goals. Creating and implementing 90-day action plans assists the owner in reducing business risks and enhancing value. An integral part of the strategy is bringing together the advisory team and the owner's internal team to collaborate effectively towards shared objectives.

White Oak Legacy Partners aids in exit planning by analyzing business value, assessing exit readiness, and aligning personal, financial goals with 90-day action plans for effective strategy execution.