Business Services

4 Key Questions

  • Are you maximizing the value of your business?

  • How do you prepare to transition your business?

  • How should you structure the sale of your business?

  • What’s next for you, your family & your legacy?

It all starts with a conversation

Business Advice from a Consultant

Transcript

LLC or Corporation?

You're focused on running your business for your customers and employees, let us help you handle all the rest. Here's how to decide is you need an LLC or Corporation.

● LLC (Limited Liability Company): An LLC is generally a flow-through entity, meaning the company’s losses can flow through to the investors, potentially offering tax savings for founders or investors during the startup phase.
● Corporation: A corporation is not typically a flow-through entity. This structure is often preferred by venture capital investors or more sophisticated investors.

If you have questions about what's best for your business, give us a call.
Transcript

Is It Time to Sell?

In this video Neil Balmert, an attorney with DLA Piper, gives us some important things to consider when it comes to determining the right time to sell your business:

● The best time to sell is driven by the market.
● Market volatility can significantly affect the M&A market.
● Have your company in the appropriate position and let the market drive the valuation. It's better to sell a little too early and not miss the market opportunity than to sell too late.

If you have questions about what’s best for your business, give us a call.
Transcript

Important Considerations in Selling

What can you do to make sure you get the best sale price for your business? Here's a pre-sale planning to-do list to get you started.

1. Intellectual Property Ownership: Ensure that all intellectual property is properly owned by the company.
2. Non-Disclosure Agreements: Have non-disclosure agreements (NDAs) in place with your employees.
3. Books and Records: Maintain well-organized books and records.
4. Financial Statements: Ensure the accounting function is properly managed, with accurate financial statements.

Family Wealth Conversations

Transcript
Conversations about money aren’t always fun. But it could be one of the most important meetings you have with your family.

Your family needs to understand:
  • Where you want your money to go
  • Your philanthropic desires and expectations
  • How to keep the family business intact and thriving, if applicable
By having these conversations, you're not only preserving your wealth but also maintaining your family's unity for years to come.

Give us a call so we can help you start these important conversations.
financial advisors hands at conference table

Business Articles & Publications

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Best Practices for Business Transition

Selling Your Business to Private Equity Group vs. Strategic Buyer

How To Determine What Your Business Is Worth In Five Minutes Or Less

How to Groom Your Business For Sale

How to Invest in Real Estate -- Without Owning a Single Property

What To Know About Choosing Retirement Accounts
Leo Walker

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