I'm In The Wealth Conversion/Succession Stage

Looking for answers to these and other transition issues? We can help.

If your business has started to mature, you are likely to be asking yourself the question “what’s next?” Perhaps you are thinking about how to transition the business. The most common mistake in this stage is that business owners wait too long to begin a plan for a successful transition. This prevents them from maximizing the value of the business. Business transitions may be made through delegating managerial control to key members of management, to a next generation family member, through sale or merger with another company within the industry, or by sale of the business to an unrelated third party.

Is the success of the business dependent on you? How strong is your balance sheet? Have you financially managed the operations to maximize value? The price looks attractive, but what are the terms of the offer? What are the tax implications of the structure of the offer? Can your asking price and structure be capitalized or financed by a buyer? Regardless of the manner of transition, these factors must be considered as you contemplate your succession plan.

At Alerding & Company our seasoned consultants are specialists in assisting business owners in preparing the business for transition while maximizing its value. Price, structure and terms are the key components of any transaction. However, one without the other can be detrimental to the outcome. We prepare a “back-pocket” analysis that assists you in evaluating the key elements of the proposed transaction in a manner that maximizes the proceeds to you, minimizes taxes and provides you with favorable proceeds in your back pocket. This allows for a successful transition for both you and the buyer.

No matter how you plan to navigate this period of your professional life, let Alerding & Company help you. The transition will be smoother and hopefully more lucrative for you and your family.