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Part 2 - When to crystallise your legacy?

Exiting a business is about more than numbers—it’s the moment you crystallise the legacy you’ve built.

Corporate valuations and market timing are important, but the sale, scale or prevail decision doesn’t entirely make sense unless you factor in the bigger question of legacy.

Picture yourself, piña colada in hand, enjoying your well-earned private island dream. Will you feel you’ve achieved everything you set out to do? Did you break into that new market, outpace your competition, and reach the pinnacle of what your business could be?

These achievements—your lasting impact—are what no price tag can capture.

A strategic exit in a favourable, tailwind-driven market can enhance your legacy if you sell to the right buyer. In some case you might continue with the business and have the opportunity to have it all - a great return plus opportunity to amplify your legacy. Where you don’t continue on, you effectively crystallise that legacy and allow others to do what they will, with it.

Sometimes, a transgenerational hand-me-down is a viable alternative for those who have created a dividend making machine and have groomed their children into management/leadership roles—such that the next generation continues to build (and in some cases, reshape) the family legacy.

On the other hand, if the next generation has no interest working in the family business, and the business is facing headwinds, the opportunity may lie in building resilience that strengthening your business (and legacy) before considering a sale.

Essentially, congruent exiting is part financial, part mission—and deeply personal. Are you done building, or is there more you want to achieve?

If these questions resonate, NextLevel Corporate Advisory specialises in guiding clients through these pivotal decisions. Feel free to reach out for a conversation over ☕🥐.

In the meantime, visit our customised corporate development journeys page here and we’ll see you in the market.

Mike