Exit Planning
Arete Advisors
http://www.arete-advisors.net/
(832) 910-8437
You’ve built a successful company through years of effort, sacrifice, and risk …. you are woven into the fabric of the business and have a special bond with your employees, your customers, and your industry.
At some point over the horizon, you’ll need someone else to lead it and, to own it …it is important to know that a business transition is a process, not an event.
First, it is critical to be clear about your goals…. when you’d like to spend your time doing something else and what that might be, who you’d like to see own the business, what you need from the business to secure your financial future … and about what your business is reasonably worth.
You’ll need to prepare the business for transition…ensuring that the books, records and procedures are in tip-top shape and well documented, that the management team is solid and ready to lead and that you have a plan to close the value gap if one exists. Keeping the business strong and stable to preserve, even grow, value throughout the process will be your most important task.
Preparing the business for transition, closing the value gap, and executing the transition is a significant, complex and lengthy undertaking… you’ll need the help of a team of experts to pull it all together.
Arete (pronounced ah-reh-‘tay) Advisors is a Business Advisory and Wealth Management firm dedicated to helping owners of privately held firms grow, protect and enjoy the value of their life’s work.
To learn more about how we can help you plan, prepare, and execute your transition so you can enjoy the value of YOUR life’s work, give us a call.
• Exit Planning