Table of Contents
Abstract
This project will develop an exit strategy for John's Hardware, a 30-year-old family-owned hardware store located in a small town. The owners, John and Mary Smith, are ready to retire in the next 5 years but want to ensure a smooth transition of the business. This project will analyze options for exiting the business, including selling the business to employees, selling to an outside buyer, or closing the business. Financial projections will be created to determine the business' current value. An exit strategy and transition plan will then be developed to guide the Smiths in achieving their retirement goals while protecting the future of the business and their employees.
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