While the timing of the exit process will be different for everyone, based on your unique situation, it’s always a good idea to plan ahead so you’re well prepared for the road ahead.Tags: Debatable Topics Persuasive EssaysLearning Creativity EssayTemplate For Research Paper OutlineAfrican Child Soldiers EssayAcknowledgement Page For ThesisApplying Nursing Process A Tool For Critical ThinkingReflective Essay On MyselfReflective Self Assessment EssayEssay On Save Electricity Save FutureBook Report Sa Filipino Elementarya
We can maximize your income, and educate you on the ins and outs of statues of limitations, capital improvements, earnings, sales, financing, and employee stock ownership plans.
We want you to benefit from your life’s work, and we understand that exiting a business can be an intimidating undertaking, both financially and emotionally.
Once you’ve decided you no longer wish to run your company, devising a business exit strategy is an essential step toward securing your future.
A strategic business exit plan will provide a road map allowing you to close, sell, or pass on your business on your own terms, on your own time.
Through this process, the owner gains clarity about what they want, what's possible, trade-offs and time-lines.
This approach ensures that all of the appropriate subject matter experts (tax, accounting, legal, business brokers or investment bankers etc) are involved, engaged and working from one coordinated plan.Because Asset Advisors Group focuses on building long-term relationships with our clients, we can offer a real benefit – sensitive counsel, based on your needs, goals, and personal situation.Whatever the status of your business now, make sure you’re well prepared for the day you’re ready to decide to make your exit.Many business owners tend to be incredibly busy, putting in long hours of work trying to make their businesses successful, often putting in “more than 60 hours a week” according to a study cited by As such, many feel that they simply don’t have the time to spend on preparing for exiting their business at some future date. Some Elements of Exit Planning Can Take a LONG Time.Asset Advisors Group can provide security and peace of mind for you and your employees.Contact us to set up a business exit planning consultation today.Now that we know a little bit about what business exit planning is and why it’s so important, what does the process actually entail?How does one go about getting ready for the day when they leave behind the responsibilities of managing a business so they can go into retirement?First, since there typically not a liquidity event for the owner (e.g. Let’s say, for argument’s sake, that you’re 55 years old, just about 10 years away from retirement.a sale) the owner needs more time to generate other sources of retirement income.” Depending on how much you’ve already managed to set aside for your retirement, this could take a few years, and some income streams, such as deferred income annuities, may have to mature for several years before they can be used. In that decade, any number of things could happen that could cause you to need to leave the business before you reach retirement age.