Exit Planning and Estate Planning have the same general goals. Once owners see that the two processes share the same goals, they can leverage the time and money they spend developing their Exit Plans into the design of their estate plans.
Business Continuity Planning for Co-Owners
Remember: One day, you will leave your business.
Maintain Control, Save on Taxes, and Set Fair Value Using a Buy-Sell Agreement
Don’t wait until you’re ready to transfer your business to create an air-tight buy-sell agreement.
Preparing for the Worst: Business-Continuity Planning for Sole Owners
Business-continuity planning is vitally important to owners’ companies and families. Without a well-considered business survival plan, the consequences for owners’ employees, customers, and, most importantly, family and estate can be dire.
The Essential Business Agreement: A Business-Continuity Agreement Among Owners
If you co-own your business, the business-continuity agreement (or buy-sell agreement) is one of the most important documents that you will sign.
Avoiding Disasters in Inside Ownership Transfers
If you think that an inside ownership transfer your business to your children or management team is inherently risky, you’re right.
Elements of a Plan to Sell to Insiders
These 10 elements of selling to insiders can help make any inside transfer successful.
Are You and Your Company Candidates for a Third Party Sale?
Whether your company is small or large, selling it to a third party is the biggest challenge—and opportunity— of your business life.
Sticking a Toe (or Two) in the Exit Planning Pool
Let’s dismantle the most common objections business owners have to undertaking the Exit Planning needed to leave their companies successfully.
Building Value is the Win-Win-Win of Exit Planning
At some level, all owners understand that they will someday leave the businesses they have created. Buyers pay for business value, not for the departing owner.