We started JKMurphy Advisors over 13 years ago because we didn't see anybody helping private middle market companies with planning. What are the real objectives owners want to get out of the business? Some companies want income, some want wealth, some never want to sell the company, some want to pass it to their kids. That's step one.
Then step two is to build the growth plan to meet the objectives, depending on what they are. We find that the best goal to have related to exit planning is to have a time frame in mind. This gives you more time to enact strategies and plans that create more value along the way.