Exit Planning
Business owners need to have a plan—a plan for succession of their business that is aligned with their personal goals and objectives. A proper exit planning strategy enables business owners to define when they want to leave their company, to the successors that they want, with the expected amount of cash that they need.
Without exception, every owner leaves his or her company, but the ultimate objective is to do it in style. Owners typically begin planning for their exit later than they should. Proactive planning and goal setting enables adjustments and strategic moves that will position the company for the best exit strategy possible. Alliant Advisors’ team of Exit Planning specialists use a comprehensive planning process that details every step required and the timing involved for a defined, personal exit strategy.
Exit Planning involves answering "Yes" to seven questions:
- Do you know your exact retirement goals and what it will take—in cash—to reach them?
- Do you know how much your business is worth today, in cash?
- Do you know the best way to maximize the income stream generated by your ownership interest
- Do you know how to sell your business to a third party and pay the least possible taxes?
- 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?
- Do you have a continuity plan for your business if the unexpected happens to you?
- Do you have a plan to secure financial independence for your family if the unexpected happens to you?
To learn more, contact our Exit Planning specialists, Steve Douglas or Wade Runge.
Our Exit Planning Experience
As a Member of BEI's Network Of Exit Planning Advisors™, we have access to its publications as well as to ongoing training and information about a variety of cutting edge Exit Planning techniques. As a BEI memebr, we belong to a nationwide network of professionals in other disciplines experienced in the Exit Planning process.
What we offer business owners:
- Low-cost initial consultations to explain how the Exit Planning Process works
- Access to state-of-the-art Exit Planning resources
- Access to experienced Exit Planning professionals in other disciplines
- We can work with your current advisors or help you find the advisors you need for this important project
- We present seminars on a variety of Exit Planning topics
Click here to receive a complimentary subscription to The Exit Planning Review ™ e-newsletter.
