We Can Provide a Blueprint:

• Outlay the Plan to Initiate the Process
• Decide an Exit Date
• Acquire Independent, Objective Professionals to Help
• Maximize the Sales Value or Succession Strategy
• Plan the Post-Sale Tax Impact

Time is a Valuable Tool

In general, the shorter the planning time-frame is, the less profitable the sale may become. Time enables you to refine operations to maximize value, ensures key-men and non-competes are in place, allows owners to remove themselves as much as possible from the day-to-day operations, and provides time to let a tax strategy unfold especially if gifting is involved.

How to Begin the Process

• Build a Team of Professionals. A CPA, an attorney and a banker
• Establish a Timeline. This could be 6 months or 15 years
• Take Steps to Enhance Value. Make the business attractive to buyers
• Separate Yourself from the Business. The business is now viewed as an asset for sale
• Depersonalize Decisions. Remove the emotional connection
• Create a Tax Plan. Examine all business & personal credits & incentives
• Prepare for Post-Exit. Establish an investment strategy for the proceeds