Hard Questions That Need To Be Answered

• At some point-in-time, you will be leaving your business.  How would you like to leave when you want to and on your terms?

• The #1 "value driver" of your business is a "locked-in transferable management team."  What does your "Golden Handcuffs" program look like?

• Do you know how to motivate and lock-in  the "Rainmakers" of your company without having to give away any stock ownership?

• What concrete program do you have in place to help preserve your business in the event that a partner or shareholder dies, becomes disabled  or leaves  the business?

• What is the exit strategy you have in place that will help you maximize your financial return, reduce your income tax liability and increase the chances of a successful transfer?

• As a professional or small business owner, are you aware that you might be missing out on an opportunity to put away considerably larger tax-deductible contributions than you currently are?

• In your retirement planning investments, how important to you is creditor protected, tax deductible, tax-deferred and market risk avoidance?

Exit Planning involves answering "Yes" to seven questions:

1. Do you know your exact retirement goals and what it will take—in cash—to reach them?

2. Do you know how much your business is worth today, in cash?

3. Do you know the best way to maximize the income stream generated by your ownership interest?

4. Do you know how to sell your business to a third party and pay the least possible taxes?

5. Do you know how to transfer your business to family members, co-owners, or employees while paying the least possible taxes and enjoying maximum financial security?

6. Do you have a continuity plan for your business if the unexpected happens to you?

7. Do you have a plan to secure financial independence for your family if the unexpected happens to you?

Creative Business Strategies, Inc.,  can help you work through  these seven planning questions so you will be able to exit your business successfully . 

Click here to contact us

Click here to  receive a complimentary subscription to "The Exit Planning Review" e-newsletter.