Through Hard Work & Perseverance,
You’ve Taken a Vision and Turned it into a Reality.
Think back from where you started to where you’re at now. You’ve…
Built a successful business
Created wealth
Begun thinking about what comes next
Now, It’s Time For the Next Phase:
Capitalizing on What You Started
With the odds against you, you’ve accomplished a tremendous thing - you’ve built and grown a successful business. But as your business grew, so did the complexities of your financial picture. Today, your personal finances and professional finances are intertwined, meaning the financial stability of your and your family’s future lies in the success of your business.
We provide pragmatic strategies to help grow and protect your business, while potentially maximizing its value – allowing you to accomplish personal, financial and estate preservation goals.
Our Advisors Can Help You Address Your Business Planning Needs Including:
- Coordinating your personal and business finances
- Developing your company retirement plan
- Defining executive benefits
- Understand your succession planning options
Learn the Answer To Your Important Questions About Your Business Such As
What’s My Business Worth?
How Do I Tap the Wealth of My Company?
What Type of Business Owner Am I?
How Do I Determine My Business’s Value Gap?
Determine the Value of Your Business Using a Business Valuation
You may want to consider determining the value of your business for a number of reasons including:
- Setting a price for your business in an active market
- Determining capital gains of your equity
- Transferring business interest by gifting
- Transferring business equity under a buy-sell agreement
- Selling your business to family, friends or a third-party
- Estate tax planning
Common valuation methods include:
Earnings Value Approach
The value of the business is influenced by the expectation of future income generation.
Market Approach
The value is influenced based upon past sale prices of similar businesses.
Asset Approach
The value is influenced by the basis of business assets.
How Do You Determine The Value Of The Business?
The first step is to hire a professional business valuator. From there, they can help you determine which methods are best for helping determine your fair market value.
You Need to Be Able to Convert Your Business Assets to Cash in a Tax-Advantaged Way.
For most business owners, your business is your largest asset, meaning you need help exploring the most effective ways to take money out of your business and onto your personal balance sheet.
Working with a Certified Business Exit Consultant can help assist in potentially maximizing the sale of your company and providing access to capital if further investment is needed to improve its value.
Are you struggling to find a tax-efficient way to access your wealth?
The Type of Business Owner You Are Depends on Your Financial and Mental Readiness To Leave Your Business.
You've taken a vision and turned it into a reality and built a successful business that’s created wealth. At some point, the question becomes, “am I mentally ready to leave my business?”
For many business owners, this question isn't just about the numbers. It’s about stepping back from your life's work and lasting legacy.
In determining your readiness to step away, you should be asking yourself:
- How involved am I in the day-to-day operations?
- Do I have a plan for how I will spend my extra free time?
- Do I see my business as a return on invested capital or a source of income?
- Am I addicted to my business?
Find the Questions to These Answers and More
By taking our exit readiness survey and talking with a Certified Business Exit Consultant.
Grow and Protect Your Business By Working With Experience Professionals Who Can Help You Address and Plan For Your Biggest Concerns.
Does This Sound Like You?
Whatever’s Keeping You Up at Night,
We’re Here to Help.
Our professionals can help formulate a plan tailored to you and aligned with your personal goals. We will help you address critical issues such as:
- Business growth
- Compensation
- Tax reduction
- Leadership succession
The Bottom Line?
Together we can create a transferable business. We’ll formulate a plan to work toward achieving your goals within your time frame.
The Value Gap Is the Difference Between What You Have and What You Need.
The day-to-day responsibility of running a successful business leaves little time to think about your own future. But it’s crucial to start thinking now about what life will look like after you are done running the business and how you will plan to get there. That’s the premise behind understanding your value gap.
Think about what you have personally in terms of assets and savings. Then think about the value of your future goals and objectives. In there lies the difference between what you have and what you need, which is the proceeds from the sale of your business.
