Business Growth, Valuation, & Succession Strategies
Looking to create your ideal business exit?
Strategies aimed at Business Growth & Valuation
As a business owner, you understand the impact that business growth has on your family, your lifestyle, and your long-term financial security. We will help support your growth by sharing the best practices designed to help accelerate the growth and valuation of your business. We will help you:
- Access needed capital to grow your business
- Understand the value of your business by taking a holistic view of your current revenue, profits, and expenses
- Put a strategy in place to maximize the valuation of your business
Business Succession Planning
As we’ve worked with business owners for decades, we understand that your financial security in retirement is tied to the valuation of your business upon exit. We quarterback a team of professionals (banking, tax, legal, financial) to help maximize your sale price and design your ideal business exit. We will guide you through our 5-step succession planning process to help ensure that you:
- Organize and maintain essential financial documents.
- Have a clear plan and timeline as to how to exit your business.
- Have sufficiently weighed your business exit options.
- Are prepared to manage the tax impacts of the sale of your business.
- Address the legal, structural, transfer, and estate considerations of your exit.
Making the decision to sell your own business is one of the most important decisions you’ll ever make.
According to the Exit Planning Institute’s State of Owner Readiness Survey, however, only 49% of owners have done no succession planning at all.
The financial professionals at the The Lindsey-Trost Group help business owners navigate the financial complexities of business ownership through to retirement. Our team is here to assist you throughout each step of the succession process. We work in tandem with your attorneys, accountants, and other representatives to help ensure that you transition seamlessly across our five essential steps of business succession planning.
Planning Process:
1. Readiness Assessment
Are you ready to exit – personally, financially, professionally?
2. Succession Financials
Do you have your financials & documents organized to help maximize valuation?
3. Exit Option Analysis
Have you determined the optimal structure for your desired exit?
4. Negotiation
Are you sufficiently prepared for the negotiation process?
5. Business Transition
How will you spend your time and resources during and after your exit?
The Lindsey-Trost Group helps you answer common questions related to your business.
- How can I align goals with the person I’m transitioning my business to?
- When is the best time to sell?
- What are the taxable consequences of selling the business?
- Where can I look to find acquisition experts in the tax and legal field?
- Who will take over my business?
- What will my role be within the business after it’s sold, if any?
Ready for retirement? Let us help you navigate the four phases of the retirement lifecycle.
We help business owners with...
- Buy/sell agreement
- Key man insurance
- Understanding their business value prior to a liquidity event
- Tax Planning Strategies
- Tax minimization strategies
Steward Partners, its affiliates and its Wealth Managers do not offer tax advice; investors should consult their tax advisors before making any tax-related decisions.