Which of the following tools can you use for deliverables in the Discovery phase?

In the Discovery phase of exit planning, utilizing a range of tools is essential to comprehensively assess a business's status and prepare for a successful transition. The correct answer encompasses all the provided tools: business valuation, exit readiness assessment, and business attractiveness score, as each serves a distinct purpose.

A business valuation is crucial for assessing the current worth of a business, providing insight into market potential, and setting realistic expectations for what a business owner can receive upon exit. It lays the groundwork for understanding the financial implications of any planned actions.

An exit readiness assessment evaluates a company's preparedness for sale or transition, identifying strengths and weaknesses in business operations, management, and financial health. This tool helps owners understand what changes might be necessary to increase their company's value before selling.

The business attractiveness score measures the appeal of the business from a buyer's perspective, considering factors such as market trends, competitive positioning, and overall market conditions. This insight can guide business owners in enhancing particular areas to make their company more attractive when it comes time to exit.

Collectively, these tools enable advisors to provide a thorough analysis, ensuring business owners receive comprehensive insights into their company's valuation, readiness, and attractiveness, thus facilitating a well-informed exit strategy.