Services

We’ve learned that you need a written, documented plan – based on the owner’s personal and business objectives – to make decisions on an exit strategy, set responsibilities and hold people accountable. The plan also serves as a guide to family and management if the owner meets an early demise. Our exit planning process – which has been developed and tested through our decades of experience as entrepreneurs, executives and trusted advisors – creates an executable plan to reach your goals.

There are four general ways to transfer ownership of your business during your lifetime. We have executed these on behalf of business owners and family businesses with sales of $2 million to $150 million and up to 1,500 employees.

The four most common exit paths are:

  1. Sale to key employee(s);
  2. Sale to a third party;
  3. Sale or gift to a family member; and
  4. ESOP.

Would you lIke to learn more about your exit options? Request one of our white papers on exit paths.

The real fun begins after the exit plan has been developed. We often work closely with the owner, family, key employees and trusted advisors to ensure the plan is executed and a successful outcome is achieved. This may involve closing a value gap by growing transferable value of the business before exit, preparing family members and chosen successors to be future owners, helping the owner transition his or her day-to-day role, preparing the company for sale to a third party, building a winning leadership team, optimizing capital structure and other needs.

Interested in learning more?

Contact us for a no obligation conversation to discuss which of these strategies could be right for you. Learn how to get started on the most important financial event of your career, the transition out of the business.