Every Business is Different.
Every Situation is Unique.
Uniqueness requires a different plan for every owner, so our services are tailored accordingly. Whether you own a small business or a mid-market company, are family owned or a partnership, we have flexible solutions that efficiently help you sort out your planning needs.
The first step is understanding how ready you and your business are for an exit. Our free ExitMap
© will answer this quickly and concisely. Armed with this knowledge, you can make well-informed decisions about where to focus and how to pick your best options.
® Assessment: This tool shows you how ready you and your business are for an exit. This simple self-generated assessment gives you a basic picture of your readiness in the areas of Finance, Planning, Profit/Revenue and Operations. We provide a thorough debrief at no additional charge. Take the assessment here.
™ Plan: The Express
™ Plan addresses the three critical factors for the business owner: Setting your objectives, identifying what is needed to achieve them and mapping out the implementation plan. For single-owner (or single family) businesses with fewer than 20 employees, this is a thorough, cost-effective approach to developing your exit plan. This size business typically has less complexity and fewer options than large, mid-market companies. Where a comprehensive plan for a mid-market company may take many months and cost from $30,000 to $300,000, the Express
™ Plan may be completed in 3-4 months and cost less than $10,000.
Customized Exit Plan: This process takes you through a complete planning process and provides you with a Customized Exit Plan. Designed for mid-market companies with more complex needs, this service is tailored to your personal Financial Goals and Resources, your Non-Financial Goals, Timing, Exit Path Selection, Business Preparation and Protection, Contingency Planning and Estate Planning. In this process, it is important to coordinate with other associated professionals – for example in Financial Planning, Estate Planning, Investment Banking and more. This team approach ensures that all the critical components of your Exit Plan are well coordinated with each other. The level of this outside input will vary according to your personal and business situation. The time required can vary substantially, depending on availability of owner(s) and the number of other professionals that need to be involved.
Contingency Planning: As the proverbial saying goes, “Stuff” Happens. Stuff can include things like illnes, accidents, pandemics, and more. Unfortunately, these things can seriously impact a business if you’re not ready for them. Getting ready can be as simple as making sure there’s a plan for running payroll to more comprehensive steps such as ensuring that the bank doesn’t call your line of credit. You’ve probably heard of businesses that failed in such situations – a good documented contingency plan is a very inexpensive way to buffer yourself from these uncertainties.
Business Valuation: Your current data is compiled and you are provided with a benchmarked business valuation that assesses your business value from 4 standpoints and gives you a clear picture of what your business is worth now as well as comparisons with other businesses in your industry.
Consulting & Plan Implementation: Owning a plan is different than actually putting it into place – this is where the rubber meets the road! We will work with you on an ongoing basis to ensure that all of the preparations identified in your Express
™ or Comprehensive Exit Plan are implemented in a timely fashion and you have someone on hand to deal with the inevitable questions and changes the process brings up.