Cepa Certified Exit Planning Advisor
Questions with Correct Answers 2025
WhatFsurveyFindicatedFthatF99%FofFbusinessFownersFatFleastFinFsomeFwayFagreedFthatF"havingFaFtransitionF
strategyFisFimportantFforFmyFfutureFandFtheFfutureFofFmyFbusiness?"F-FCORRECTFANSWERF-
StateFofFOwnerFReadiness
It'sFimportantFtoFnotFjustFtellFanFownerFtheFrightFanswer,FbutFtoFaskFthemFtheFrightFquestion.FWhatFareFexa
mplesFofFtheF"rightFquestion"FtoFaskFaFbusinessFownerFclient?F-FCORRECTFANSWERF-
a.FWhatFisFtheFstrengthFofFyourFintangibleFcapital?
b.FWhatFisFyourFbiggestFpainFpointFandFbiggestFdesire?
c.FWhatFdealFstructureFareFyouFlookingFforFwhenFselling?
CompleteFtheFfollowingFquote:F"LuckFisF___FmeetingFopportunity."F-FCORRECTFANSWERF-Preparation
FourFintangibleFcapitalsF(TheF4Cs)FincludeFHuman,FStructural,FSocial,FandFCustomerF(True/False)F-
FCORRECTFANSWERF-True
FourFintangibleFcapitalsF(TheF4Cs)FincludeF_F_F_F_F_,FStructural,FSocial,FandFCustomerF-FCORRECTFANSWERF-
Human
FourFintangibleFcapitalsF(TheF4Cs)FincludeFHuman,F_F_F_F_F_F_F_F_F_F_,FSocial,FandFCustomerF-
FCORRECTFANSWERF-Structural
FourFintangibleFcapitalsF(TheF4Cs)FincludeFHuman,FStructural,F_F_F_F_F_F_,FandFCustomerF-
FCORRECTFANSWERF-Social
FourFintangibleFcapitalsF(TheF4Cs)FincludeFHuman,FStructural,FSocial,FandF_F_F_F_F_F_F_F_F-
FCORRECTFANSWERF-Customer
BusinessFisFpersonalFforFmostFownersF(T/F)F-FCORRECTFANSWERF-True
, ExitFplanningFisFaFstrategicFbusinessFtoolFusedFtoFfocusFtheFcompanyFonFmaximizingFbusinessFvalueF(T/F)F-
FCORRECTFANSWERF-True
TheFBabyFBoomerFgenerationFdoesn'tFneedsFtoFbeFthinkingFaboutFexitFplanningF(T/F)F-FCORRECTFANSWERF-
True
TheFValueFAccelerationFMethodologyFprovidesFaFstructureFtoFtheFexitFplanningFprocessF(T/F)F-
FCORRECTFANSWERF-True
AFsuccessfulFexitFstrategyFbalancesFtheF"____FLegsFofFtheFStool."F-FCORRECTFANSWERF-Three
WhatFisFoneFofFtheFmainFcausesFofF"sellers'FcoldFfeet"FduringFtheFsaleFofFaFbusiness?F-FCORRECTFANSWERF-
LackFofFPersonalFPlanning
WhatFisFtheFfirstFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Identify
WhatFisFtheFsecondFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Protect
WhatFisFtheFthirdFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Build
WhatFisFtheFfourthFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Harvest
WhatFisFtheFfifth/finalFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Manage
WhenFrankingFaFbusiness'sFintangibleFcapitals,FwhatFisFtheFmainFpurposeFofFusingFtheFcommonFsenseFscori
ngFofF1F-F6F-FCORRECTFANSWERF-ForcedFtoFnotFchoseFaverage
AFkeyFdifferenceFbetweenFlifestyleFbusinessesFandFvalueFcreatorFbusinessesFisFthatFvalueFcreatorFbusinesse
sFusuallyFgenerateFbetterFincomeF(T/F)F-FCORRECTFANSWERF-True
FirstFgateFinFtheFValueFAccelerationFMethodology?F-FCORRECTFANSWERF-Discover
Questions with Correct Answers 2025
WhatFsurveyFindicatedFthatF99%FofFbusinessFownersFatFleastFinFsomeFwayFagreedFthatF"havingFaFtransitionF
strategyFisFimportantFforFmyFfutureFandFtheFfutureFofFmyFbusiness?"F-FCORRECTFANSWERF-
StateFofFOwnerFReadiness
It'sFimportantFtoFnotFjustFtellFanFownerFtheFrightFanswer,FbutFtoFaskFthemFtheFrightFquestion.FWhatFareFexa
mplesFofFtheF"rightFquestion"FtoFaskFaFbusinessFownerFclient?F-FCORRECTFANSWERF-
a.FWhatFisFtheFstrengthFofFyourFintangibleFcapital?
b.FWhatFisFyourFbiggestFpainFpointFandFbiggestFdesire?
c.FWhatFdealFstructureFareFyouFlookingFforFwhenFselling?
CompleteFtheFfollowingFquote:F"LuckFisF___FmeetingFopportunity."F-FCORRECTFANSWERF-Preparation
FourFintangibleFcapitalsF(TheF4Cs)FincludeFHuman,FStructural,FSocial,FandFCustomerF(True/False)F-
FCORRECTFANSWERF-True
FourFintangibleFcapitalsF(TheF4Cs)FincludeF_F_F_F_F_,FStructural,FSocial,FandFCustomerF-FCORRECTFANSWERF-
Human
FourFintangibleFcapitalsF(TheF4Cs)FincludeFHuman,F_F_F_F_F_F_F_F_F_F_,FSocial,FandFCustomerF-
FCORRECTFANSWERF-Structural
FourFintangibleFcapitalsF(TheF4Cs)FincludeFHuman,FStructural,F_F_F_F_F_F_,FandFCustomerF-
FCORRECTFANSWERF-Social
FourFintangibleFcapitalsF(TheF4Cs)FincludeFHuman,FStructural,FSocial,FandF_F_F_F_F_F_F_F_F-
FCORRECTFANSWERF-Customer
BusinessFisFpersonalFforFmostFownersF(T/F)F-FCORRECTFANSWERF-True
, ExitFplanningFisFaFstrategicFbusinessFtoolFusedFtoFfocusFtheFcompanyFonFmaximizingFbusinessFvalueF(T/F)F-
FCORRECTFANSWERF-True
TheFBabyFBoomerFgenerationFdoesn'tFneedsFtoFbeFthinkingFaboutFexitFplanningF(T/F)F-FCORRECTFANSWERF-
True
TheFValueFAccelerationFMethodologyFprovidesFaFstructureFtoFtheFexitFplanningFprocessF(T/F)F-
FCORRECTFANSWERF-True
AFsuccessfulFexitFstrategyFbalancesFtheF"____FLegsFofFtheFStool."F-FCORRECTFANSWERF-Three
WhatFisFoneFofFtheFmainFcausesFofF"sellers'FcoldFfeet"FduringFtheFsaleFofFaFbusiness?F-FCORRECTFANSWERF-
LackFofFPersonalFPlanning
WhatFisFtheFfirstFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Identify
WhatFisFtheFsecondFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Protect
WhatFisFtheFthirdFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Build
WhatFisFtheFfourthFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Harvest
WhatFisFtheFfifth/finalFstageFinFtheF"FiveFStagesFofFValueFMaturity?"F-FCORRECTFANSWERF-Manage
WhenFrankingFaFbusiness'sFintangibleFcapitals,FwhatFisFtheFmainFpurposeFofFusingFtheFcommonFsenseFscori
ngFofF1F-F6F-FCORRECTFANSWERF-ForcedFtoFnotFchoseFaverage
AFkeyFdifferenceFbetweenFlifestyleFbusinessesFandFvalueFcreatorFbusinessesFisFthatFvalueFcreatorFbusinesse
sFusuallyFgenerateFbetterFincomeF(T/F)F-FCORRECTFANSWERF-True
FirstFgateFinFtheFValueFAccelerationFMethodology?F-FCORRECTFANSWERF-Discover