If you’re planning to sell, you’ll get the best value by having a company with…
a well-running system in place, a clean accounting system, and significant profits.
Building a “turn-key” business that a new owner could easily step into and quickly start running independently is an excellent Exit Strategy. And guess what? Running a company like that yourself gives you a greater life-work balance, peace of mind, and the freedom to innovate and explore new revenue streams.
So, it’s not just for the future owner; it’s for you, too.
Sometimes, in the process of getting a business ready for sale, the owner decides they like this new, “renovated” business so much they choose not to sell. And that’s okay, too.
When you’re ready to consider an Exit Strategy, selling your business, or transitioning to a family member, we’ll analyze its current state. This may involve:
Similar to selling a house, we’ll target areas that will improve the value the most to the potential buyer. Sales and profitability are always front and center. The sales price is generally a multiple of the profitability, so investing in increasing your profitability pays off not only now but in multiples in the future.
The big question:
What’s my company worth?
Using a valuation tool, or an expert valuation from a broker in our network team, we’ll come up with a starting number. From there, we’ll set some goals to improve your number.
Take advantage of our holistic approach.
Let’s work on your business together
Let’s see what your business is worth…and what it could be worth!
Developing an Exit Strategy and navigating the process of preparing for sale can be confusing, but we’re with you to lead the way. We’ve worked with many brokers and banks and are experienced with preparing all the documents needed to make it happen.
As a licensed CPA firm, we’ll also help you with tax planning, so you won’t pay more than you need to on your big payday. The structure of a business sale, the value placed on the assets and inventory, and the payment schedule all affect the tax treatment of your income, so we’ll work to keep as much as possible in your pocket.
