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Exit Factor Expands to Lexington, Offering Strategic Exit Planning for Local Businesses

Curated News for the HR Professional November 8, 2024
By HRMarketer News Staff
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Exit Factor Expands to Lexington, Offering Strategic Exit Planning for Local Businesses

Summary

Exit Factor's new Lexington franchise provides local entrepreneurs with expert exit planning services to maximize business value and prepare for future transitions.

Full Article

Exit Factor, a business consulting franchise specializing in exit planning for small to mid-sized companies, has opened its newest location in Lexington, Massachusetts. Owned by Megan Kearney and Todd Enghauser, the franchise brings over 25 years of combined experience in mergers and acquisitions, business scaling, and exit strategies to the area. This expansion offers Lexington business owners access to specialized services aimed at maximizing company value and preparing for future transitions, regardless of immediate sale intentions.

Megan Kearney highlighted the franchise's mission to guide local entrepreneurs through exit pathways, ensuring they are prepared and confident about their business's future. This initiative is expected to positively impact the local economy by supporting businesses through transitions. Exit Factor's approach, founded by Jessica Fialkovich, addresses a market gap by helping business owners increase their company's value, profitability, and salability, even if they're not ready to sell.

The effectiveness of Exit Factor's program is evident in the results reported by clients, including an average of $2,700 in exit value for every hour spent in the program, a 25% increase in profit, and a 56.7% increase in overall value within the first year. The program also boasts a 100% success rate for businesses that decide to sell. As part of the United Franchise Group™, Exit Factor leverages a network of trusted advisors to deliver industry-leading practices.

The timing of the Lexington launch is strategic, coinciding with a period when many business owners are reevaluating their long-term strategies amid economic uncertainties. Exit Factor's services are designed to help entrepreneurs maximize their company's potential, whether they plan to sell soon or simply wish to enhance their business's value. Through one-on-one consulting and online programs, Exit Factor makes expert advice accessible to a broad range of business owners, aiming to improve efficiency and value for successful exits.

The introduction of Exit Factor to Lexington is anticipated to benefit the local business community significantly, offering a resource for entrepreneurs to secure their financial future and legacy. By increasing business valuations and facilitating successful exits, Exit Factor's presence could contribute to a stronger, more resilient local economy. For more details on Exit Factor's services, visit https://www.ExitFactor.com.

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