Financial Confidence | 7-Step Exit Planning
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7-Step Exit Planning

Our Business Exit Planning

Structured Transitions for Business and Wealth

Our Seven Step Exit Planning Process™ will help the owners of businesses ranging from $3 million to $50 million in value, to begin thinking about the Exit Planning process when two streams of thought begin to converge. The first stream is a feeling that you want to do something besides go to work everyday: either you would like to be someplace else—doing something else—or you simply no longer get the same kick out of doing what you are doing. The second stream is the general awareness that you:

 

  • Are close to financial independence, or
  • Are making significant strides toward reaching that goal, or
  • Can achieve financial independence today by selling your business.

 

As these two streams converge, inevitably there is a business exit. We can help you successfully achieve your exit objectives with an efficient and systemized exit plan.

Seven Step Exit Planning Process™

  1. BUSINESS EXIT PLANNING

    We help you identify your business and financial goals:

    1. Successfully obtain exit objectives with an efficient and systemized succession plan.
    2. Benefit from a proven process used by thousands of owners who have exited their businesses.
    3. Expert attention to minimize taxes, reduce transaction risk and increase after-tax proceeds.
    4. Ensure you maintain control of your company until you have attained all of your exit objectives.
  2. YOUR BUSINESS AND PERSONAL FINANCIAL RESOURCES

    We will project the future cash flow of your business, the future value of your business and non-business assets. Step 1 and 2 combined tell us the extent of the value or cashflow increase needed to meet your goals.

  3. BUILD AND PRESERVE BUSINESS VALUE

    We make specific recommendations to help grow business value, protect existing value from the actions of others, and preserve company value by minimizing income taxes.

  4. CHOOSE TO SELL YOUR COMPANY TO A THIRD PARTY?

    Choose this step to sell your company to a third party. We will design strategies to improve the likelihood of a successful sale, minimize the taxes you will pay, and maximize your sale price and terms.

    OR

  5. CHOOSE TO SELL OR TRANSFER YOUR OWNERSHIP TO FAMILY MEMBERS OR INSIDERS?

    If you choose to transfer your company to insiders, a detailed plan will ensure you receive the money you desire, minimize the risk of non-payment and retain control until you are paid.

  6. BUSINESS CONTINUITY PLANNING

    We coordinate your business continuity planning with your lifetime objectives to ensure that your goals are met, whether you survive to see your business exit or not.

  7. PERSONAL WEALTH AND ESTATE PLANNING

    Our design emphasizes tax efficiency to ensure your family receives the amount of annual income necessary to satisfy the financial security goal you set in Step 1.