Business Exit & Succession Planning

Choosing either business succession or exit planning is a vital step for business owners, enabling you to manage the transition of your business to future owner and management. AND at the same time prepare for the next phase of your life.  If done successfully, it can maximize your company’s worth and it creates a clear path that aims to help protect you, your family, your employees, and your business.

Studies show that only 18% of privately owned businesses have a written succession and exit plan. Importantly, of the 18% who have a written plan, 92% of owners are successful at exiting their businesses.


Which Success Rate Do You Want?

Of the 82% that do not have a written plan, only 12% end up exiting their businesses with anything near the amount they had planned on, and usually end up remaining at their companies much longer than they want.

The benefits of proactive exit planning include attracting more and better buyers, realizing a higher price, paying less in taxes, and having a trouble-free ownership and management transfer. On a personal level, it clears and settles your mind, re-energizes you and gives your work greater purpose, helps you focus on “the vital few” versus the “important many”, and reduces your stress and anxiety.

How Business Succession and Exit Planning Benefits Business Owners

  • Increase enterprise value
  • Increase marketability
  • Identify value and marketability gaps
  • Select your best transfer option and timing
  • Position the company to attract more and better buyers
  • Increase your cash proceeds
  • Ensure business continuity
  • Achieve a more seamless ownership transfer
  • Minimize financial risk and taxes
  • Prevent costly, avoidable mistakes

Exiting right and retiring well takes planning. But let’s face it, business owners rarely have the expertise to tackle this on their own. This is where Socius Business Advisors specialized knowledge and years of experience comes in.

Our goal is providing you with independent objective exit strategy advice that meets your personal needs, that maximizes your business’s value and minimizes its taxes. We collaborate with you , putting you in control of your exit strategy. We use succession and management programs to strengthen your management team and increase your company’s profits.

We provide clients with:

  • Professional advice
  • Customized process to exit the business
  • Comprehensive written exit plans
  • Succession programs
  • Leadership programs
  • Management consultancy
  • Personalized coaching

Learn how we can help you.


Socius Business Advisors is a leadership coaching and consulting firm headquartered in the greater Chicago area, with advisors in Atlanta, Philadelphia, Denver, and Hong Kong and serving clients around the globe.