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Business Succession and Exit Planning

Written by Rick Bellows

April 9, 2025

Lost businessman found the way in maze with red arrow

As a business leader, protecting your company value and continued legacy is a major priority and constantly top-of-mind. As you plan for retirement and look to safeguard your many accomplishments, you may be anxious about impending steps and processes.

LEARN MORE about why you should start succession planning now. 

Nationwide Marketing Group (NMG) has many resources available for every step of this process, guiding business owners down the path of long-lasting stability, expansion, and opportunities for success for your business and the future.

NMG’s succession and exit planning assist business owners with: 

  • Legacy and Wealth Planning — What is your legacy as the founder? How can you preserve wealth? Will your family be involved in these discussions?
  • Goals — What are your goals for the business, your family, and your personal aspirations as you plan for the next steps towards retirement? Is selling your company part of your retirement plan?
  • Next Generation — Are your next generation leaders capable of taking the business to the next level? Do you have the right people in place?
  • Company Valuation — What is your company worth? How do you value it? Is it sellable?
  • Transition Options — What are the possible transition options? Are you looking at a succession plan (next generation of leaders or family) or an exit plan (selling to an outside third party)?

 

Succession and Exit Resources for Independent Retailers 

  • Business valuation and analysis
  • Leadership and operational development
  • Goal setting and long-term business planning
  • Tax and estate planning
  • Succession planning guidance
  • Exit planning resources

 

Need help creating a succession or exit plan for your business?  

Contact: Rick Bellows, NMG Manager of Business Continuity

Phone: 901-351-7553

Email: Rick.bellows@nationwidegroup.org

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