A business owner asks you, “Why do I need to complete a Triggering Event Engagement? What is the biggest benefit I am going to get out of it?” What is your response?

When scoring the readiness and attractiveness of a business, we score with what perspective in mind?

What is a disadvantage of a generational transfer?

From your understanding of the case, what extended team advisor could be most beneficial to this company’s situation?

Which advisors should make up the core of any exit planning team?

The Franciscan Assemblage of the Coastal Ranges represented what part of the Cretaceous convergent margin on the west coast of North America?

If Billy’s business was at best-in-class level today achieving a best-in-class recasted EBITDA and a best-in-class multiple at Billy’s present level of sales, what would be the best-in-class value of Billy’s business?

You begin to talk to Jim about the “Strategic Value equals Simple Math” equation of how companies are valued. You explain that companies typically sell for some for a multiple of Recasted EBITDA. What are Jim’s net addbacks from the information you know thus far?

The estimated percent of business value that exists within the 4Cs is?

In order to trigger owner action, it’s critical for advisors to change their approach. Complete the following equation representing this._____ + Empower = Action