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Without exception, every owner leaves his or her company. Whether you do it in style depends on the specific exit planning actions you take before you leave. We help business owners set, sort through, and achieve their exit objectives, enabling owners to leave their companies when they want, to the successors they want, and with the amount of cash they need. “At any given time, 40 percent of U.S. businesses are facing the transfer of ownership issue.”
“The primary cause for failure… is lack of planning.” - Small Business Admistration We can help you answer the key questions (see sidebar) and help you confidently identify qualified advisors to help you through the process. Exit Planning Expertise. We partner with your network of advisors -- or BEI's Network Of Exit Planning Advisors™ . We have access to a variety of cutting edge Exit Planning techniques. We regularly communicate with a nationwide network of professionals in other disciplines experienced in the Exit Planning process. Clear, proven steps. We've guide owners through the dirvers and risks to their exit success. When we work with you, you will have a clear Action List stating actions to be taken, due dates for each action and the name of the advisor responsible for its completion. No-cost consultations. We provide no-cost initial consultations to explain how the Exit Planning Process works.
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Exit Planning involves answering "Yes" to seven questions:
1. Do you know your exact retirement goals and what it will take—in cash—to reach them?
2. Do you know how much your business is worth today, in cash?
3. Do you know the best way to maximize the income stream generated by your ownership interest?
4. Do you know how to sell your business to a third party and pay the least possible taxes?
5. Do you know how to transfer your business to family members, co-owners, or employees while paying the least possible taxes and enjoying maximum financial security?
6. Do you have a continuity plan for your business if the unexpected happens to you?
7. Do you have a plan to secure financial independence for your family if the unexpected happens to you?