EXIT AND SUCCESSION PLANNING
GROW • PRESERVE • TRANSITION WEALTH
REASONS TO USE SEPA FLORIDA FOR YOUR EXIT PLANNING STRATEGY
Savvy business owners understand that some things are better left to experts who are well-versed and experienced.
All the more reason you should enlist the services of an exit planning advisor like SEPA Florida who has experience working with small business owners when planning their exit.
Here is what an exit planning advisor can do for you:
1. CREATE AN EXIT STRATEGY
An exit planning advisor will perform a financial analysis of your business to understand your business’s financial health and help design an exit plan suitable for your objectives.
2. CONDUCT A BUSINESS VALUATION
A comprehensive business valuation is one of the most important aspects of a sale process. You need to establish an accurate sale price to help the seller determine whether they should put their business on the market or continue growing its value.
3. HELP YOU STAY FOCUSED
Selling a private business can take anywhere between five months and a year to complete. SEPA Florida will help you keep your “eye on the ball” so your revenues do not decline and your cash flow is positive.
4. FIND THE RIGHT BUYER
A high-value transaction requires that you think outside the box to find buyers that have the capabilities and the resources to realize higher value from the business.
“What is a Certified Exit Planner?”
Certified Exit Planners are a collaborative community of professional advisors (CPAs, Wealth Managers, Estate Attorneys, Bankers, M&A Advisors/Business Intermediaries) with a common goal to Grow, Preserve, and Transition Wealth for business owners.
- What you have built is too important to leave to chance.
- What is the true cost to you of putting off strategic succession planning?
- Step back from business as usual to see the big picture. We’ll determine who your critical stakeholders are for achieving success now and on the path to success in the future.
This program is for Founders/Owners who recognize the importance of proactive planning to lay the necessary foundation to ensure the legacy and sustainability of their business.
99% of Business Owners surveyed agreed with this statement:
“Having a transition strategy is important both for my future and for the future of my business.”
And YET…
79% OF OWNERS HAVE NO WRITTEN TRANSITION PLAN
48% HAVE DONE NO PLANNING AT ALL
94% HAVE NO WRITTEN PERSONAL PLAN FOR LIFE AFTER THEY SELL THEIR BUSINESS
GETTING STARTED
You’re Prepared When You Have…
- Have spent some time and money getting educated on the process of how to transition your business. You have discussed the transition with your loved ones.
- Your personal, financial, and business goals are aligned meaning they are defined, co-dependent, and linked.
- Established a transition advisory team.
- Created and reviewed with key advisors and family members a contingency plan to include buy-sell instructions and appropriate insurance, and specifies what should happen if you could no longer operate the business.
- Completed a strategic analysis, business valuation, and personal, financial, and business assessment(s) within the last year.
- Considered all of your exit options and optimum deal structure and weighed the pros and cons of each in relation to your stated goals and objectives.
- A written transition plan.
- Designed a post-business life-after plan and it is linked to your wealth management plan.
- A pre-transition value enhancement / preliminary due diligence project is underway to minimize the business risk, maximize its value, minimize taxes upon transition, and improve the probability of a smooth transition to the next owner (including family).
- A management program is underway to ensure the post-transition leadership can operate the business without you at the helm.