We understand the challenges entrepreneurs face when planning for the future of their business.

You understand – all too well – the effort that goes into creating a successful business. So it should be no surprise that a successful transition – whether it be selling all or part of your business or passing it on to an heir – requires significant work as well. Ideally, you want to develop a strategy well in advance, but we understand that’s not always the case. Regardless of when you decide to put the wheels in motion, the fact is your business is a huge part of your life and your net worth, so it’s vital you carefully prepare for the transition.

We can work with you to ensure your interests are well represented as you transition out of your business and move on to the next stage of your life.

Understand the process of transitioning your business …

Understand the financial planning process of transitioning your business and how it fits into your overall financial picture and retirement income plan.

  • Consider your options when it comes to passing on your business, whether selling all of it, part of it or deciding to pass it down to your heir(s).
  • Weigh the pros and cons of how each option could affect your personal life and finances.

Prepare your business …

Prepare your business to ensure things go as smoothly as possible before, during and after the transition.

  • Put together a trustworthy team of advisors. Among them: a tax professional, financial advisor, attorney and investment banker.
  • Get organized. Work with your advisors to develop a comprehensive picture – legal, structural, operational and financial – of your business.

Realize the value of your business …

Realize the value of your business by working with your investment banker and other advisors to generate the optimal market outcome.

  • Utilize the market knowledge and expertise of your advisor team to identify the buyers or investors most likely to share your vision of the value and future of your business.
  • Negotiate a deal that will reward you for the business you’ve built and provide the income you will need for the next stage of your life.

Ensure the success of your next deal – you!

We will work with you through every step of the process to help ensure you make a smooth transition to the next phase of your life.

  • Collaborate with your advisors to generate a financial plan, or review your current plan, for the future.
  • Enjoy the rewards that a successful business transition and personal financial plan can provide – for a lifetime.