Transition + Exit

A business mentor meeting with a young client

Transition + Exit

Occasionally you move on from something you built from the ground up, or perhaps you are handing off your hard work to someone else. In either scenario, SCORE has resources and mentors available to help ease the transition or exit from your business.

Resources to Help You Sell, Close or Transition Out of Your Business

Young black male business owner speaking with an appraiser in an office space

Putting a Value on Your Business: Why and How

Most business owners have a vague idea of what their business would be worth if they wanted to sell. Here are four reasons to perform a business valuation.

Diverse couple going over things written on a notepad at kitchen table with laptop

Drafting a Will: Estate Planning for Small Business Owners

Write a business estate plan that covers your company’s assets and organizational structure so that forces beyond your control don’t slow it down.

Male restaurant owner sitting in closed dining room area

How to Properly Dissolve Your LLC

There are many reasons to close your business, not all of which are related to failure. Whatever the cause, there is a proper procedure for LLC dissolution.

Generations of carpenters in their family business workshop

The Small Business Owner’s Guide to Succession Planning

In this guide, learn how to develop a succession plan that works for your business.

Business team looking at business metrics on paper

Asset-Based Valuation and Market Value Approach: What’s the Difference Between These Valuation Methods?

Do you know how much your business is worth? It’s key to put any bias about the business aside and properly conduct a valuation.

Person of color signing contract on a desk

Covering Your Back: The Buy-Sell Agreement

Whether you’re launching with one partner or 10, the buy-sell agreement protects stakeholders from sticky situations that could rock the entire boat.

View All Transition + Exit Resources

Secure Your Future by Planning Your Exit

By completing succession planning, retirement planning, and estate planning early, you can develop a strategy to secure your financial goals and the future of your business. Our Simple Steps for Exiting Your Business course helps you prepare your exit.

Simple Steps for Exiting Your Business: Succession Planning

This module helps entrepreneurs understand the steps to planning for the eventual transfer of the business.

Simple Steps for Exiting Your Business: Retirement Planning

This module discusses the importance of retirement planning and options to help you save and provide for your retirement.

Simple Steps for Exiting Your Business: Estate Planning

This module discusses multiple future planning scenarios needed to leave a lasting legacy.

Exit Planning Webinars

What’s My Business Worth?

A step by step walk-through of the valuation process that will allow business owners to accurately estimate the value of their company.

View Recorded Webinar

Basics of Small Business Bankruptcy

This webinar will focus on understanding the basics of small business bankruptcy, and discuss when it can help a business, how it works, consequences, and more.

View Recorded Webinar

Closing a Business – How to Legally Close Your Company

In trying times, you may be looking to close or sell a business. This session will share key considerations for the process of closing your business.

View Recorded Webinar

Selling a Business

In this webinar, you will learn how to sell your business for the best price and to a buyer who will maintain your legacy.

View Recorded Webinar

Top 4 Considerations When Selling or Closing a Business

In this webinar, CEO of MyCorporation Deborah Sweeney will present key legal and business considerations when selling your business.

View Recorded Webinar

Get 1-on-1 Support to Sell or Close Your Business

You may be selling your business to move on to your next idea, closing due to a crisis, or transitioning ownership to a family member. In any case, SCORE mentors are here to help answer your questions and guide you to the best possible outcome for your future. Enter your zip code in the field below and complete the mentoring request form to get free, personalized advice from a local business expert.