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CEPA Certified Exit Planning Advisor-Questions and Answers
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CEPA Certified Exit Planning Advisor-Questions andAnswers
The Baby Boomer generation doesn't needs to be thinking about exit planning (T/F)
Correct Ans-True
The Value Acceleration Methodology provides a structure to the exit planning process (T/F)
Correct Ans-True
A successful exit strategy balances the "____ Legs of the Stool." Correct Ans-Three
What is one of the main causes of "sellers' cold feet" during the sale of a business? Correct
Ans-Lack of Personal Planning
What is the first stage in the "Five Stages of Value Maturity?" Correct Ans-Identify
What is the second stage in the "Five Stages of Value Maturity?" Correct Ans-Protect
What is the third stage in the "Five Stages of Value Maturity?" Correct Ans-Build
What is the fourth stage in the "Five Stages of Value Maturity?" Correct Ans-Harvest
What is the fifth/final stage in the "Five Stages of Value Maturity?" Correct Ans-Manage
, CEPA Certified Exit Planning Advisor-Questions and
Answers
When ranking a business's intangible capitals, what is the main purpose of using the common
sense scoring of 1 - 6 Correct Ans-Forced to not chose average
A key difference between lifestyle businesses and value creator businesses is that value
creator businesses usually generate better income (T/F) Correct Ans-True
First gate in the Value Acceleration Methodology? Correct Ans-Discover
Second gate in the Value Acceleration Methodology? Correct Ans-Prepare
Third gate in the Value Acceleration Methodology? Correct Ans-Decide
If the potential value for a business is 16 million, and it's currently valued at 9 million, what is
the value gap of the business? Correct Ans-$7 Million
What survey indicated that 99% of business owners at least in some way agreed that "having
a transition strategy is important for my future and the future of my business?" Correct
Ans-State of Owner Readiness
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