Exit Planning
All owners will have to exit their business at some point in their life. Sometimes it is voluntary and other times it is involuntary.  Most business owners do not have an idea of how this process will work or what it looks like. 
There are many questions that often arise when considering what you will do when the time to exit your business arrives...

  • Who will run the business when I retire? 
  • Will I leave the business to a family member (spouse, child, cousin)? Employee? Sell the business outright?
  • How will the ownership of the business be transferred? How do taxes play a role in this?
  • What is my business worth?
  • When is the right time to leave?
  • How much income will I need to create from the sale of my business in order to live comfortably in retirement?

Owners who are interested in creating an orderly, tax efficient, and financially sound exit from their business need to consider the benefits of implementing a formal and well thought out Exit Plan. Our team is uniquely positioned to help guide our clients through this entire process.

You may not be planning on exiting out of your business for 10 or more years, yet proper business planning is still necessary to help ensure and extend the success and profitability of your business, and safeguard the hard-earned equity that has been created.

Our job, at BetterPlan, is to help you navigate the opportunities and steer clear of potential pitfalls that may lie ahead in the future plans for your business.  The first step is  a comprehensive analysis of your current situation and discussion about your vision for the future. 
Exit Planning Survey