100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CEPA - Exit Options Analysis: Questions With Solutions $8.99   Add to cart

Exam (elaborations)

CEPA - Exit Options Analysis: Questions With Solutions

 7 views  0 purchase
  • Course
  • CEPA
  • Institution
  • CEPA

CEPA - Exit Options Analysis: Questions With Solutions

Preview 1 out of 4  pages

  • September 29, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CEPA
  • CEPA
avatar-seller
LeCrae
CEPA - Exit Options Analysis: Questions With Solutions

Based on the 2013 EPI State of Owner Readiness Survey, how many business
owners were not familiar with all their transition options? Right Ans -
Nearly 2/3rds

What is a pro for an intergenerational transfer? Right Ans - a) Business
legacy preservation b) Planned c) Lower cost

Which of the following is not an inside exit option? Right Ans -
Recapitalization

What are the two general categories for private ownership exit options?
Right Ans - Inside and Outside

. A business owner you are advising on exit options does not have a family
member or children to transfer the business to. She would like the exit option
that will get her the highest price for the business, more cash up front, and
will allow her to walk away faster. What option do you recommend? Right
Ans - Third Party Sale

Inside Sale options Right Ans - i. Intergenerational transfer ii. Management
buyout iii. Sale to existing partners iv. Sale to employees (ESOP)

Outside Sale options Right Ans - i. Sale to third party ii. Recapitalization iii.
IPO iv. Orderly liquidation

When asked, "what best describes how you are planning to transition?" Owner
plans for transition, based on 2013 SOOR: Right Ans - i. 35.6% indicated
they would transition via an internal exit option ii. 31.4% indicated they
would transition via an external option iii. 30.9% indicated they were not sure
iv. 2% of the sample answered "other

Intergenerational transfer Right Ans - . Transfer of business stock to direct
heirs, usually children. 50% of business owners want to exercise this option -
in reality, only about 30% actually do

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller LeCrae. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$8.99
  • (0)
  Add to cart