Do You Have a Business Exit Strategy?

Every business owner will one day need an exit plan to leave and sell his or her business.  Research tells us that most owners are not adequately prepared for this day. Our mission at Exit Planning LLC is to help business owners leave their businesses in style or cut back significantly from day-to-day operations.  We are not business brokers; we are experts in creating and implementing exit strategies for business owners.

”At any given time, 40% of U.S. businesses are facing the transfer of ownership issue. The primary cause for failure…is lack of planning.” -Small Business Administration

What You Need to Know to Exit Your Business in Style.  Succession Planning Best Practices.

1. If someone offered to buy your business, how would you know if the offer was what your business is really worth?
2. If your children or key employees want to buy your business, do you have a succession plan in place?  How can you transfer it to them and pay the least possible taxes while still enjoying the maximum possible financial gain?
3. If a key employee were to leave your business just before you were ready to retire, what impact would that have on your plans to sell your business?
4. If the unexpected happens to you, will your family receive the full value of your business ownership?
5. What is an acceptable estate tax rate for you? What steps have you taken to get to that rate?
6. How can you transfer your wealth to the objects of your bounty in the most tax-efficient manner today and into the future?
7. If you are unable to adequately answer all these questions, we suggest you click here for a complimentary copy of the #1 selling book on Exit Planning for Business Owners.

 

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