We Celebrate & Honor the Sacrifice & Service of the American Business Owner & Ensure the Continuation of Their Legacy

Business Exit Planning & Strategies

Business Exit Planning & Succession Planning = Increase In Business Value

All businesses change hands at one point or another. so its prudent that the owner take control of the exit planning. The business exit will occur either as a planned or unexpected event. A well-developed Business Exit Strategy and Succession Planning will prepare your business for the planned or unplanned exit from your business.  Business Exit Strategies & Succession Planning will also raise the value of your business, make the sale of your business more marketable as well as prepare the business for unforeseen or catastrophic events.

American Fortune’s Business Exit Planning & Succession Planning will create solid exit strategies and succession planning. We strive to earn your trust so that you will utilize our firm’s services when you decide to sell your business in the future.  We hold ourselves accountable for real results and the successful implementation of Business Exit Strategy & Succession Planning by tracking the preparedness of your business for the market as well as increase of the value of your business.

We are so confident that you will be pleased with our Business Exit Strategies & Succession Planning so that  when the time comes to sell your business we will credit 30% of the Business Exit Strategy & Succession Planning fees towards the success fees.

Business Exit & Succession Planning Can Raise Business Value Up To 50%

For Every Dollar Spent On Business Exit Planning & Succession Planning The Payback Can Be A Multiple Of 2.5 Times

Business Exit Planning & Succession Planning can provide an immediate increase in business value.  In addition, our Business Exit Strategy & Succession Planning Services will preserve the value of the business and provides protection for the business, the owner and their family.  Well-developed Business Exit Strategy & Succession Planning allows a business owner to retain control of their company regardless of what the future may bring.

In our Business Exit Planning & Succession Planning Services, we also explore business exit strategies and create tactics to achieve a business owners exit goals.  We set goals and groom a business for transfer (sale). We explore the effect of income, capital gains, estate and gift taxes, as well as addressing the particular complexities of a transfer (sale) to third parties, family members or key employees.

Business Exit PlanningBusiness Exit Planning & Succession Planning

Our Business Exit Strategy & Succession Planning services are designed to address a variety business needs including growth planning,  value maximization, preparation for business sale or merger and partner buyouts. Exit planning can also serve as a general business audit and review. This plan also prepares the business and the owner for unforeseen and catastrophic events such illness, disability, death or divorce.

What Does The Business Exit Planning & Succession Planning Include?

  • Increasing / maximizing growth and profitability of a business.
  • Recommendations to preserve and, most importantly, increase business’s market value prior to the sale of a business.
  • Strategic exit or succession planning for ownership transfer to family members, employees or third parties.
  • Contingency exit and succession plans to address unforeseen, catastrophic events.
  • Review of tax implications upon ownership exit.
  • Positioning and marketing plans for the future exit from the business.
  • The Strategic and Comprehensive Exit & Succession plans also include an industry and competitive analysis. The Comprehensive Exit plan includes plan implementation assistance.

Business Exit Planning

Without a formal Business Exit Strategy & Succession Planning, a business owner risks working a lifetime only to have that business dissolve with little to no financial benefit to enjoy. In contrast, following a strategic plan allows an owner to have an orderly exit, under the best possible conditions, and at the highest price while minimizing tax consequences. A Business Succession and Exit Plan should be treated with the same manner of importance as estate planning and the creation of a will.

The purpose of Business Exit Planning & Succession Planning is to address unforeseen and catastrophic events, identify value drivers, protect, preserve and grow the value and marketability of the business.

American Fortune Business Exit Planning & Succession Planning:

American Fortune offers three levels of Business Exit Strategies & Succession Planning Services:

Essential Business Exit Strategy & Succession Planning

The Essential Business Exit Strategy & Succession Planning is a basic plan designed for business owners wishing to prepare their business for unforeseen and catastrophic situations such as illness, disability, death, or divorce. The report will address any fundamental operational and structural business issues with recommendations on how to resolve these issues to preserve and increase the company’s market value. Inclusive of this package is a strategic plan that will be developed to transfer the business ownership to family members, employees or a third party. The report will address basic tax considerations, seller financing options and specific recommendations for increasing the value of the business.
(Fee: $3,500)

Business Exit Strategy & Succession Planning

The Business Exit Strategy & Succession Planning, inclusive of advisory services, is designed for small to medium sized businesses. A thorough review of the business is conducted and the report includes both short term and long term recommendations for increasing the value of the business. In addition, a strategic plan will be developed for transferring the business ownership to family members, employees or a third party. The plan will include also prepare the business for unforeseen and catastrophic situations such as illness, disability, death, or divorce. The report will address tax considerations, operations planning, organization structure, supplier relationships, industry and competitive analysis, income statement adjustments, customer concentration and other items that may impact the market value of the business.
(Fee: $6,500)

Comprehensive Exit Strategy & Succession Planning

The Comprehensive Exit Strategy & Succession Planning is inclusive of advisory services and plan implementation assistance, is designed for larger or more complex businesses. A thorough review of the business is conducted and the report includes both short term and long term recommendations for increasing the value of the business. In addition, a strategic plan will be developed for transferring the business ownership to family members, employees or a third party. The plan will include also prepare the business for unforeseen and catastrophic situations such as illness, disability, death, or divorce. The report will address tax considerations, operations planning, organization structure, supplier relationships, industry and competitive analysis, income statement adjustments, customer concentration and other items that may impact the market value of the business.
(Fee: $10,000)

Business Plans

Our Business Plans are very comprehensive inclusive of financial data, swot analysis, forecasting, marketing review and other strategic business review.  The plans are specifically designed for use with existing businesses and suited best for purposes of growth planning, obtaining of loans, raising private capital, bidding on business with new or existing customers, business exit  strategies planning and mergers & acquisitions.

1. The Price for a Comprehensive Business Plan is only $3,000.

For more information on Business Exit Planning Strategies and Business Plans, please contact us via email here or phone at 800-248-0615

Characteristics of a Good Business Exit Strategy & Succession Plan

1. Business Exit Strategies & Succession Planning to Maintain Business Viability
The viability and continuity of the business is most important. The business provides salaries and wages and eventual liquidity for the owner. A business plan is often the critical planning tool taking precedence over the exit planning and the estate planning.

2. Business Exit Strategies & Succession Planning to Address a Retiring Owner’s Needs
Business exit strategy and succession planning should take into account the needs of the retiring owner. The owner should be prepared psychologically as well as financially for the exit. Therefore, to ease the owner’s concerns, it should be demonstrated that there will be sufficient income to fund retirement and that upon an exit the owner will be able to enjoy their life after exiting the business. This might even include seeing that the owner has something to “retire to” such as a hobby, part time business or charitable work.

3. Business Exit Strategies & Succession Planning For Other Stakeholders
Exit planning and succession planning needs to also address the needs and fears of partners, employees, creditors, customers and vendors. Employees and customers can become especially vulnerable when the business leader exits the business or the business is sold.

If family succession is planned, there must be a way to satisfy the heirs of the owner who do not receive part of the business. That is, they may need to share in some other asset.

4. Business Exit Strategies & Succession Planning For Choosing a Successor
Find a way to place control of the business in the hands of a person or persons who have the inclination and ability to successfully operate it.

The business exit plan and succession should prescribe criteria for entrance into the business. For example, a prospective manager could be required to have a certain level of education or business experience, along with requisite financial resources to purchase the business.

5. Business Exit Strategies & Succession Planning to a Third Party
If the decision is made to sell to a third party, consideration should be given to: (a) preparing the business for sale, (b) timing of the sale, (c) identifying the best buyers, (d) controlling financial risks and, (e) selecting capable business advisors.

6. Business Exit Strategies & Succession Planning to Minimize Taxes
The exit plan should keep estate and income taxes to a minimum.

To learn more about Business Exit Planning click here: Exit Planning Institute; Business Exit Planning Education.

American Fortune has performed Business Exit Planning & Succession Planning in the following areas of the USA: Columbus Ohio, Atlanta Georgia, Lexington Kentucky, Bowling Green Kentucky, Nashville Tennessee, Memphis Tennessee, Cincinnati Ohio, Dayton Ohio, Toledo Ohio, Los Angeles, Cleveland Ohio, Pittsburgh Pennsylvania, Baltimore, Maryland, Indianapolis Indiana, Chicago Illinois, Detroit Michigan, Flint Michigan, Tampa Florida, St. Louis Missouri, Kansas City Kansas, Des Moines Iowa, Minneapolis Minnesota, Louisville Kentucky, Oklahoma City, Oklahoma, Dallas Texas, Fort Worth Texas, Denver Colorado, San Francisco California, Salt Lake City Utah, Phoenix Arizona, Lexington Kentucky, Los Angeles California, San Diego California.