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
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
