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Only 20% of businesses listed on the market will be sold. This leaves 80% of businesses in an undesirable position. We can help determine how ready and attractive your business is currently to select an optimal time for selling.

Business operations have undoubtedly been impacted by COVID-19, it's important to take a step back to analyze your long-term financial health. Your business's finances play a major role in planning for the future. It can impact your business attractiveness and financial readiness.
https://www.bdc.ca/en/blog/pages/ratios-monitor-long-term-financial-health-business-covid19.aspx

Exit planning combines the plan, concept, effort, and process for the future into a simple strategy. The clear exit strategy builds transferable wealth through human, structural, customer, and social capital.

Phoenix Exchange Corporation can help you with strategic planning to communicate goals for the future while building value.

We're pivoted! We're now providing exit planning and acquisition services exclusively.
Visit our updated website for more information.
www.phoenixexchange.ca

Planning on Retiring in the near future? Here are 5 things you will need to prepare
1. Ensure you have no outstanding debt
2. Talk to a financial expert about your current RRSPs
3. Speak to someone about a Succession Plan if you are a business owner
4. Update your Will
5. Envision how you will spend your new-found freedom