Exit Factor, a business consulting franchise known for its specialized exit planning services for small to mid-sized companies, has announced the opening of a new location in Syracuse, NY. This expansion is spearheaded by Tom Roman and Kevin Everts, who will serve as the owner-operators of Exit Factor of Syracuse. The franchise’s program is designed to provide business owners with tailored exit plans to protect and enhance the long-term value of their businesses, irrespective of their current size or stage.

The timing of this expansion is critical, as a significant number of entrepreneurs are expected to seek exits from their businesses in the coming five years. Roman highlights the opportunity this presents for him and Everts to leverage their professional experience and the Exit Factor business model to assist business owners in improving their company’s efficiency, value, and ultimately, their exit strategy. The program’s effectiveness is not limited to businesses on the verge of sale; it also benefits those looking to increase their value and profitability in preparation for future exits.

Founded by Jessica Fialkovich, a best-selling author and small-business advocate, Exit Factor was born out of a desire to help business owners maximize their company’s value. Fialkovich’s background as a business broker and franchise owner provided her with the insights needed to develop a program that teaches business owners strategies to build value, profitability, and marketability. The success of Exit Factor is evident in the results achieved by its participants, who, on average, see a 25% increase in profit and a 56.7% increase in business value within the first year of joining the program.

Fialkovich expresses pride in the franchise’s achievements and looks forward to the contributions of the Syracuse location in extending Exit Factor’s reach to more business owners. The program’s impact is quantifiable, with participants earning back an average of $270,000 in additional exit value for every hour spent in the program. For those opting to sell, Exit Factor has been instrumental in facilitating successful exits, underscoring the importance of strategic planning in the business lifecycle.

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