59: Exit Planning vs Succession Planning - Mike Silverman, Dentons Cohen & Grigsby

How does exit planning differ from succession planning for business owners? Laurie Barkman and Mike Silverman, Shareholder of Dentons Cohen & Grigsby, discuss the strategic benefits of business transition planning to maximize enterprise value and exit options. Listen in to learn more about the differences between exit and succession planning and importance for your business. Be sure to learn more about the Business Advisory Group-- a collaborative approach to exit and succession planning for business owners-- and how they can help you get started.   Listen in to learn more about: The difference between an Exit Plan and a Succession Plan Why it's important to design and implement these plans as a business owner The strategic benefits of internal transactions The pros and cons of different exit options The financial implications of your succession and exit strategies   Show Links: Business Advisory Group    Contact Michael Silverman: [email protected]   Clearing Blurred Lines of Business Transition with Chris Chaney, Succession Stories E22    Maximizing Value: The Key to Your Business Exit - Webinar Replay Video     The Succession Stories podcast is hosted by Laurie Barkman, Business Transition and M&A Advisor/Founder of SmallDotBig, a strategic advisory firm for closely held businesses anticipating a leadership or ownership transition in the future. For more info, or to connect with Laurie visit https://smalldotbig.com or [email protected]