CEPA CERTIFIED EXIT PLANNING ADVISOR CORRECT 100%

CEPA CERTIFIED EXIT PLANNING
ADVISOR CORRECT 100%
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?" -
ANSWERState of Owner Readiness

It's important to not just tell an owner the right answer, but to ask them the right
question. What are examples of the "right question" to ask a business owner client? -
ANSWERa. What is the strength of your intangible capital?
b. What is your biggest pain point and biggest desire?
c. What deal structure are you looking for when selling?

Complete the following quote: "Luck is ___ meeting opportunity." -
ANSWERPreparation

Four intangible capitals (The 4Cs) include Human, Structural, Social, and Customer
(True/False) - ANSWERTrue

Four intangible capitals (The 4Cs) include _ _ _ _ _, Structural, Social, and Customer -
ANSWERHuman

Four intangible capitals (The 4Cs) include Human, _ _ _ _ _ _ _ _ _ _, Social, and
Customer - ANSWERStructural

Four intangible capitals (The 4Cs) include Human, Structural, _ _ _ _ _ _, and Customer
- ANSWERSocial

Four intangible capitals (The 4Cs) include Human, Structural, Social, and _ _ _ _ _ _ _ _
- ANSWERCustomer

Business is personal for most owners (T/F) - ANSWERTrue

Exit planning is a strategic business tool used to focus the company on maximizing
business value (T/F) - ANSWERTrue

The Baby Boomer generation doesn't needs to be thinking about exit planning (T/F) -
ANSWERTrue

The Value Acceleration Methodology provides a structure to the exit planning process
(T/F) - ANSWERTrue

A successful exit strategy balances the "____ Legs of the Stool." - ANSWERThree