Business Planning

Business Planning

You worked hard to build your business, let us help you make the most of it.  If you are like most of our business-owner clients, your business may be your largest asset, and this may be the first time that it is able to provide significant liquidity.  We utilize a number of strategies to help you avoid some common mistakes.

Business exit planning involves developing a comprehensive strategy to transition you out of business ownership and maximize the value of your business upon exit.  It encompasses identifying the most appropriate exit options, preparing the business for sale or succession, and optimizing the financial outcome for you, the business owner(s).  Business exit planning is crucial for business owners who are looking to retire, pursue new opportunities, or transfer ownership to the next generation.

As a wealth management firm, our experience in business exit planning can help you navigate the complexities of transitioning out of business ownership and pursue your financial goals.  Here’s an example of how our firm assists clients with business exit planning strategies:

You worked hard to build your business, let us help you make the most of it.

If you are like most of our business-owner clients, your business may be your largest asset, and this may be the first time that it is able to provide significant liquidity.  We utilize a number of strategies to help you avoid some common mistakes.

Business exit planning involves developing a comprehensive strategy to transition you out of business ownership and maximize the value of your business upon exit.  It encompasses identifying the most appropriate exit options, preparing the business for sale or succession, and optimizing the financial outcome for you. 

Business exit planning is crucial for business owners who are looking to retire, pursue new opportunities, or transfer ownership to the next generation.

Goal Setting & Assessment

Our firm works closely with you as a business owner to understand your goals and objectives for the exit process.  This may include determining your desired timeline, financial targets, and personal aspirations after exiting the business.  By conducting a thorough assessment of the business, its financials, and market conditions, our team gains insights to develop an appropriate exit strategy for you.

Exit Option Evaluation

Our wealth management team assists you in evaluating various exit options available to you, such as selling the business outright, merging with another company, or transitioning ownership to a family member or key employee.  We help you analyze the pros and cons of each option, considering factors like financial implications, timing, potential tax consequences, and your personal preferences.

Business Valuation & Enhancement

Our firm, working with your other professional advisors, can help you determine the value of your business through a comprehensive business valuation process.  This assessment provides a realistic understanding of the business’s worth and helps inform negotiations during the exit process.  Additionally, our team can assist you in identifying opportunities to enhance the value of the business, such as improving profitability, strengthening systems and processes, or diversifying your customer base.

Preparing the Business for Sale or Succession

We work closely with you as the business owner to ensure the business is well-prepared for a successful transition. This may involve implementing strategies to optimize the financials, enhancing operational efficiency, and addressing any legal or compliance issues.  Our firm can work with your team and assist in creating a comprehensive succession plan, documenting key processes, and ensuring the business is attractive to potential buyers or successors.

Tax Planning & Optimization

Our firm helps you develop tax-efficient strategies for the business exit.  This includes analyzing the tax implications of different exit options and structuring the transaction to minimize your tax liabilities.  By considering tax-efficient structures, such as stock sales, asset sales, or utilizing qualified small business stock provisions, our team aims to maximize the after-tax proceeds from the business exit.

Wealth Management & Financial Planning

Our firm provides you with holistic wealth management and financial planning services during the exit process.  This includes helping you determine the optimal use of the proceeds from the business sale or transition, such as investment strategies, retirement planning, or philanthropic endeavors.  Our team develops personalized financial plans that align with your post-exit goals and ensures a smooth transition into the next phase of your financial journey.

Evaluating Risk Management Strategies

We help you evaluate risk management strategies, such as insurance and legal protections, to minimize your exposure to potential liabilities.  This often involves connecting with your existing advisors or, when asked, making introductions to additional professionals that can help provide specific expertise.

 

Coordinating with Professional Advisors

Our wealth management firm collaborates with your other professional advisors, such as attorneys, accountants, and business brokers, to facilitate a seamless business exit process.  By coordinating efforts with these experts, our firm ensures a comprehensive approach to exit planning, addressing your legal, financial, and tax considerations effectively.

Providing Ongoing Guidance

We provide ongoing guidance and support to help you make informed business decisions, stay on top of changes in the regulatory and tax environment, and ensure that your business planning is aligned to help successfully accomplish financial plan.

QE Wealth Mangement and LPL Financial do not offer legal advice or services

Goal Setting & Assessment

Our firm works closely with you as a business owner to understand your goals and objectives for the exit process.  This may include determining your desired timeline, financial targets, and personal aspirations after exiting the business.  By conducting a thorough assessment of the business, its financials, and market conditions, our team gains insights to develop an appropriate exit strategy for you.

Exit Option Evaluation

Our wealth management team assists you in evaluating various exit options available to you, such as selling the business outright, merging with another company, or transitioning ownership to a family member or key employee.  We help you analyze the pros and cons of each option, considering factors like financial implications, timing, potential tax consequences, and your personal preferences.

Business Valuation & Enhancement

Our firm, working with your other professional advisors, can help you determine the value of your business through a comprehensive business valuation process.  This assessment provides a realistic understanding of the business’s worth and helps inform negotiations during the exit process.  Additionally, our team can assist you in identifying opportunities to enhance the value of the business, such as improving profitability, strengthening systems and processes, or diversifying your customer base.

Preparing the Business for Sale or Succession

We work closely with you as the business owner to ensure the business is well-prepared for a successful transition. This may involve implementing strategies to optimize the financials, enhancing operational efficiency, and addressing any legal or compliance issues.  Our firm can work with your team and assist in creating a comprehensive succession plan, documenting key processes, and ensuring the business is attractive to potential buyers or successors.

Tax Planning & Optimization

Our firm helps you develop tax-efficient strategies for the business exit.  This includes analyzing the tax implications of different exit options and structuring the transaction to minimize your tax liabilities.  By considering tax-efficient structures, such as stock sales, asset sales, or utilizing qualified small business stock provisions, our team aims to maximize the after-tax proceeds from the business exit.

Wealth Management & Financial Planning

Our firm provides you with holistic wealth management and financial planning services during the exit process.  This includes helping you determine the optimal use of the proceeds from the business sale or transition, such as investment strategies, retirement planning, or philanthropic endeavors.  Our team develops personalized financial plans that align with your post-exit goals and ensures a smooth transition into the next phase of your financial journey.

Evaluating Risk Management Strategies

We help you evaluate risk management strategies, such as insurance and legal protections, to minimize your exposure to potential liabilities.  This often involves connecting with your existing advisors or, when asked, making introductions to additional professionals that can help provide specific expertise.

 

Coordinating with Professional Advisors

Our wealth management firm collaborates with your other professional advisors, such as attorneys, accountants, and business brokers, to facilitate a seamless business exit process.  By coordinating efforts with these experts, our firm ensures a comprehensive approach to exit planning, addressing your legal, financial, and tax considerations effectively.

Providing Ongoing Guidance

We provide ongoing guidance and support to help you make informed business decisions, stay on top of changes in the regulatory and tax environment, and ensure that your business planning is aligned to help successfully accomplish financial plan.

QE Wealth Mangement and LPL Financial do not offer legal advice or services

Business planning is an important component of wealth management for entrepreneurs and business owners. 

Through comprehensive business exit planning strategies, our wealth management firm helps you navigate the complexities of transitioning out of business ownership.  By working with you and the other members of your professional team, we provide guidance on goal setting, exit option evaluation, business valuation review, tax optimization, and post-exit wealth management, we empower you to achieve your financial objectives and secure your financial future beyond your business ownership.

Have Questions? We're Here to Help.

Our calls are always relaxed and pressure-free.

Core Business Planning Services

Benefits Plan Consulting

Retirement Plan Design

Evaluation & Assessment of Personal & Company Transaction Readiness

Business Valuation Review

Succession Planning Employee Benefits

Business Real Estate Strategy

Key Personnel Planning

Pre-Sale Coordination

Post-Sale Coordination

Analyzing Options to Maximize QBI Deduction

Strategies for Accelerating / Deferring Business Income

Employee Stock Purchase Plan Analysis

Core Business Planning Services

Benefits Plan Consulting

Retirement Plan Design

Evaluation & Assessment of Personal & Company Transaction Readiness

Business Valuation Review

Succession Planning Employee Benefits

Business Real Estate Strategy

Key Personnel Planning

Pre-Sale Coordination

Post-Sale Coordination

Analyzing Options to Maximize QBI Deduction

Strategies for Accelerating / Deferring Business Income

Employee Stock Purchase Plan Analysis

Business Planning or Group Retirement Benefits

Our calls are always relaxed and pressure-free.