When it comes to exit planning or succession planning, most business owners are late to address the subject until it is too late. In order to maximize value, entrepreneurs and owners should solicit the help of trusted advisors. In order to increase valuation, businesses, most and foremost, require the assistance of a seasoned operational trusted advisor (experienced CEO or COO) to help put the right processes in place, increase efficiencies and increase profit. Such CEO/COO trusted advisors should work on setting up the business in manner that is less dependent on few individuals that have been there since the beginning. JJ Richa joined us to discuss.