Scion Advisors
Call: 707.258.9130
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Quick Audit – Prepared for Exit?

How prepared are you to exit or retire from your business. Take our Quick Audit to see how your exit practices stack up?
1. Do you expect to retire or exit from your business in:


More than 5 years
Less than 5 years
 
2. Realistic business exit scenarios are detailed and vetted?
  Yes No
 
 
3. Team of business advisors is active?
  Yes No
 
 
4. Strategic plan is prepared and has been shared with your business team?
  Yes No
 
 
5. Financial plan is in place (for at least 8 years out)?
  Yes No
 
 
6. Wealth planning is in place for all owners?
  Yes No
 
 
7. Tax plans have been reviewed in the last 2 years?
  Yes No
 
 
8. Shareholder/buy-sell agreements are signed and actionable?
  Yes No
 
 
9. Business ‘sell strategy’ is prepared and shared with owners?
  Yes No
 
 
10. Roles of key owners and business leaders for the transition have been disclosed?
  Yes No
 
 
11. A formal transition timeline has been agreed upon?
  Yes No
 
 
12. Outside board members are participating actively ?
  Yes No
 
 
13. Financial reporting separates owners’ personal finances from business’ finances?
  Yes No
 
 
14. Debt is aligned against appropriate personal and business assets?
  Yes No
 
 
  Building stronger private businesses™  
 
Business Knowledgebase: CEO Resources
 
Scion Approach

02/03/2011
2011 Food and Beverage Sector Insights
Deborah Steinthal, Managing Director, Scion Advisors 		07/26/2011
Winning Consumer Share of Mind
Deborah Steinthal, Scion Advisors 		09/13/2011
Perfect Storm revisited: Part IV
Deborah Steinthal, Scion Advisors LLC; John HInman and Suzanne DeGalan, Hinman & Carmichael LLP

 

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Copyright 2004-2012 Scion Advisors LLC. All rights reserved. Photography by John McJunkin
1339 Pearl Street, Suite 101, Napa, CA 94559
707.258.9130 tel. | 707.258.9132 fax