The mission of the Business Planning area is prepare a path for the transfer or conclusion of a business due to poor health conditions of one or more of the owners.
What is Business Planning?
A plan to exit from a business with the least amount of conflict, cost and taxation.
Professional advisor perspective: To bridge the gap of where the business is today and where it will be after the owner decides to exit.
Vision: Paint a picture of the path for successful transition of the business to a family member, partner or outright sale.
Goal: To motivate the business owner and partners/family members to create an exit plan from the business with respect and dignity.
Strategy: Know the pros and cons of the taxation, legal transactions and developing a plan that will provide you a success transition.
Tactics: Get agreement about the assumptions and expectations of a business transfer or exit strategy.
Supplemental Value Add Activities