
Case Studies
Health: Partner Buyout Due to Failing Health
What To Consider In The Situation
There is a saying that business owners spend their health equity in pursuit of financial equity. There is some truth to that, and many owners have a difficult time finding a “balance” between work and play in their lives. Some owners can live on snacks, coffee, and little sleep; however, the people in their lives may suffer as a result.
Health is often something we take for granted until one doctor’s visit sets us off-balance. Whether it’s you, your spouse, partner, child, parent, or friend, it still hurts deeply and knocks us off our tracks. In business, often the owners are the key employee, so staying healthy is often fundamental to the company’s success. Unfortunately, an owner’s exit can come unexpectedly and the ability to plan for it becomes reactionary. Time is the most valuable asset when exiting your business and the healthier you are, the more time you will have to plan your exit WIN.
How ECG Supports The Situation
When experiencing a personal, life-changing event for you or someone you love, it will affect your business. Your clients, employees, and vendors don’t care about yesterday, they only care about today, so you need to be sure you’re at your best, both physically and mentally. However, when you are struggling with health issues it’s hard to keep your energy up and stay positive. At Exit Consulting Group (ECG), our Exit Engineers® understand the urgency of these kinds of situations and can support you during this time.