Business + Personal + Financial Planning = Holistic Planning

Perhaps you are a business owner thinking about slowing down or selling/transferring your business in the next several years. To fully monetize the value of what you spent your lifetime to build, it's optimal to plan your transition several years before the eventual transaction. Additionally, it's equally important to carefully consider and plan for non-business aspects of your exit -- like a profound sense of loss from letting go of your life's work, a loss of your identity and clout as a business owner, finding meaning and fulfillment in retirement, how much money you will need to achieve financial independence, etc.

Deliverables

According to Alliance of Merger & Acquisition Advisors, only about 10% of the middle-market businesses will be deemed market-ready to sell. Furthermore, of the companies that are taken to market, only about a third ultimately sell at the value and on the terms that they expected at the outset. The rest end up disappointed when their deals either fall apart in due diligence or when they are pressed into making concessions in order to close their transactions. Regardless, in the end, 100% of business owners will leave their businesses—ready or otherwise, voluntarily or involuntarily. It takes time and energy to get a business ready for sale or transfer. Let us help you leave your business by design, not by default, and rise above statistics.

Plan Your Exit and Implement Your Plan

• Create a business exit plan detailing when, for how much, and to whom you want to transfer your business.  

• Make a comprehensive financial plan, quantifying how much you need to support your retirement lifestyle, fund your estate planning goals, minimize taxes, etc.

 

• Work closely with your advisors to help implement your financial plan and business exit plan.
  

Grow and Protect
Business Value

• Work with your advisors on value drivers to help grow and protect your business' value and appeal to potential buyers.
  

• Help protect your business' value with a contingency plan so your business continues without disruption or financial ruin in the event of death or disability of the owner and/or key employees.
  

• Install retirement and insurance benefit plans to help attract, motivate, and retain your management team.
  

Convert Business
Value to Cash

• Work with your advisors to provide pre-sale tax and financial planning before the anticipated exit.
  

• For a transfer to insiders (your children, key employees, co-owner, etc.), work with your advisors to provide cash flow-sensitive and tax-efficient transfer designs.

• Work with your advisors on opportunities and strategies to minimize estate and income taxes.

Summary of Capabilities

// Comprehensive personal financial planning

// Comprehensive business succession & exit planning

// Investment advisory & portfolio management

// Insurance advisory & sales (life, disability, long-term care, annuities)

// Retirement income & longevity planning

// Wealth transfer & estate liquidity strategies

// Corporate retirement plans (401(k), profit sharing, defined benefit)

// Supplemental executive retirement & insurance benefits

// Buy-sell plan funding strategies

// Key person insurance

// Nonqualified deferred compensation plans

// Split dollar plans

Result:  Exit Your Business by Design, Not by Default