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phone: 425-985-2019

e-mail: Bob.King@STEP-services.com

connect: Bob King

Testimonials

My heart-felt thanks go out to Bob for helping me reach a successful conclusion to one of the most important projects of my business career.

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Gary Vowels, Founder/Former CEO
Courts OnLine

Proverbs 4:23 Above all else, guard your heart, for it affects everything you do.

Readiness Test
We respect your privacy.
None of your information is stored anywhere. This information is completely confidential to you.
   
Disagree Agree
Estate and Financial Planning            

I have an up-to-date will.
(updated within past 2 years)

   1 2 3 4 5
             
I have an up-to-date estate plan.
(updated within past 2 years.)		   1 2 3 4 5
             

I know how much money I need from the sale of the business to retire and maintain the lifestyle to which I’m accustomed.

  1 2 3 4 5
             
I have had a valuation completed for the company within the past two years.   1 2 3 4 5
             

Leadership Transition

           
I have formal assessments of my management team capabilities.   1 2 3 4 5
             

I have a written skills matrix profiling all my key people.

  1 2 3 4 5
             

I know which of my employees are interested in running the business.

  1 2 3 4 5
             

I have ‘retention’ incentives in place for all my key people.

  1 2 3 4 5
             

Ownership Transition

           
I’m confident someone will buy my business.   1 2 3 4 5
             
I understand the many options of to whom to sell.   1 2 3 4 5
             

Tax planning has been completed.

  1 2 3 4 5
             

I understand the difference between a C and an S corp when it comes to selling the business.

  1 2 3 4 5
             

Business Planning and Performance

           
We have a written ‘Contingency Plan’ in the event something happens to me.   1 2 3 4 5
             
We have a 5 year financial plan.   1 2 3 4 5
             

We are doing everything we can to ‘enhance value’ of the company.

  1 2 3 4 5
             

We have our ‘due diligence’ documents in order.

  1 2 3 4 5
             
    Total Score:
    Scoring Key:

100-90 = Prepared
You are well along the way to a proactive exit plan.

89-70 = Concerned
You’ve clearly done a little preparation. Now you need to finish.

69-50 = Worried
You have not done much. Get moving. Be proactive. Get it done.

49 or less = Oblivious
Get started ASAP. Give us a call, today!

 

 

 
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