Business Exit Planning

You have worked hard to get where you are today. If you are like most business owners, you have spent a lot of time building your business, but not enough time in planning how to preserve the value of your business for when you are ready to leave or if something unexpected happens to you.

Some business owners have taken some of the early steps to address business succession planning, such as death and disability. However, very few have done formal planning to address issues like retirement, sale of business to a third party or key employees or is there a viable business without me. Creating a plan will address issues, such as:

· *How much capital do I need to retire in style?

· *How much of this capital must be provided from the disposition of my business?

· *What steps am I taking now to better ensure that I realize this value?

· *What are the income tax consequences of a sale?

· *What business structure (C vs. S vs. LLC) will net the highest dollar upon disposition?

· *Do I have the proper infrastructure and people to build value?

· *Are today’s key executives the right people to take my business to the next level that will help me meet my objectives?

· *How do I focus my management team on my long-term strategies?

· *How do I cultivate the next generation of owner/managers?

· *Where do my children fit into all of this?

· *How can I realize my financial independence objective while realizing my objective of passing my business to my children?

We have stayed on top of changing tax laws and planning techniques in recent years, and are in a position, to provide an independent review of your current situation and objectives, and make sure that you have the right plans in place to realize your business goals.

Even if you have a business continuation plan in place, you may still benefit from an independent review, in light of recent tax law changes. Our work is designed to make sure you have the right plans in place to protect your business, your family and your employees.

For more information contact info@cowansfinancial.com