Dr. Michael Klein

Business owners face complex hurdles when preparing to exit their business. However, while their advisors are often prepared to address financial, legal, or tax implications of the exit plan, they are rarely equipped to manage psychological questions and roadblocks. Focusing on increased insight into the psychology of the business owner, this presentation highlights the importance of assessing and managing one’s readiness to exit, increasing objectivity in transition planning, predicting specific conflicts, and identifying next steps for the exiting owner.