Business Services

4 Key Questions

  1. Are you maximizing the value of your business?
  2. How do you prepare to transition your business?
  3. How should you structure the sale of your business?
  4. What’s next for you, your family & your legacy?

It all starts with a conversation

Business Advice from a Consultant

LLC or Corporation?

You're focused on running your business for your customers and employees, let us help you handle the rest. Here's how an LLC is different from a 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.

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

If you have questions about what may be better for your business, give us a call.

Wells Fargo Advisors does not provide legal or tax advice.

Important Considerations in Selling

What can you do to help make sure you get the best sale price for your business? Here are some things to consider to help you get started.

1. Intellectual Property Ownership: Is all your intellectual property properly owned by your company?
2. Non-Disclosure Agreements: Do you have a non-disclosure agreement (NDA) in place with your employees? 
3. Books and Records: Do you maintain well-organized books and records?
4. Financial Statements: Ensure the accounting function is properly managed with accurate financial statements?

Family Wealth Conversations

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 helping to preserve your wealth but also helping to maintain your family's unity for years to come.

Give us a call so we can help you start these important conversations.