Succession Planners, LLC

Succession Planners, LLC provides advisory services to business owners wishing to develop successful exit strategies. For most business owners, creating and implementing a Success Strategy is the most important financial event of their life. Every business owner will leave his or her company at some point, voluntarily or otherwise… ready or not.

Whether your successor will be your heirs, a key employee or an outside buyer, Succession Planning’s Seven Step Process will maximize your financial return and minimize your tax liability.

  1. Establishing Owner Objectives: when you want to leave; how much you want when you leave; who you want to leave the business to.
  2. Establishing Business Value and Cash Flow: determining how much your business is worth.
  3. Promoting Value: what the Value Drivers are and how they can reduce risk and enhance growth.
  4. Sale to a Third Party for Top Dollar
  5. Transfer to Management or Family Members: orchestrating a successful sale to insiders who often lack sufficient cash.
  6. Developing a Contingency Plan for the Business: automatic business continuity that ensures financial security.
  7. Wealth Preservation Planning: minimizing taxation on the proceeds of the sale.

Be prepared with a successful exit strategy. Contact us today to begin the first step in the process.