Continued Success and a Smooth Transition
You’ve put years of hard work into your business. We’ll put in the work so you can feel good about stepping away. We believe that business succession done right can set you up for your retirement and give you confidence that you have gotten the most out of your business. We help you:
Sell to a third party? Hand off to someone you know? Close up shop altogether? Every owner has options and it’s not always obvious which one makes the most sense for you. We help you understand the impact of each decision – both on your personal finances and your company’s future.
A successful exit depends greatly on timing. When does it make sense to retire and when does it make sense to work a little longer? We’ll help you map out your timeline, accounting for both personal circumstances and economic conditions.
If your transition involves selling your business, we’ll help guide you through every stage of the deal. We’ll help you position your business for maximum value and will advise you as you work out terms.
After years of hard work, retirement brings many financial and personal changes. We’ll help ease you into post-working life by setting you up for continued financial health and an enjoyable lifestyle.
The Right Business Transition Plan for You
Business transition requires a careful coordination of investment planning, wealth transfer, and business strategy. Our team has over 100 years of experience across specialties to guide you through each decision.
The work begins long before a contract is drawn up. We begin with a careful consideration of the current state of the business, the goals of the current owner(s), and the potential risk and challenges that may arise during the transition process. We help you identify opportunities to make your business more attractive to prospective buyers.
The sale price of your business depends greatly on what’s happening in your industry and the economy at large. Backed by Wells Fargo Business Owner Advisory Services, we’ll help you understand what’s going on and how it impacts your evaluation.
Many business owners transfer leadership to a child or relative. While it’s exciting to see your passion continued in the next generation, there are many factors that need to be considered. We help you iron out the timing and specifics of succession to help you keep financial security and family harmony.
To make a sale successful, you need a strategy for what do with the profits. We help you manage this special income with sound investment strategy so that your money keeps working for you even after you retire.
Business transitions also raise questions about your estate. We help you determine how your sale impacts your assets and your legacy plans. Our team will ask you to partner with your attorney to make an effective strategy.
As with any large sale, business transition involves many tax considerations. We help you coordinate with your CPA to navigate the special laws and opportunities so you can keep more of your hard-earned profits.
Wells Fargo Advisors is not a legal or tax advisor.
Start Your Investment Journey with Us Today
Our first conversation is an investment in you, as we listen and answer your questions.
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We put our expertise to work for you, crafting the investment plan that lets you know where you stand and gets you where you want to be.
We continually review your plan and make adjustments as your life changes and your goals grow. We’ll be there to celebrate each win and help keep you on the right course.