As a business owner, there are many key questions to ask yourself as you consider the current and future well-being of you and your business. For example:

• What does financial independence look like to you? 
• What is the exit strategy or succession plan for your business?
• Could your business continue to succeed if you were to become disabled or die unexpectedly?
• How can I best protect the value of my business for me and my family,so we can enjoy it together?
• Does our organization attract, retain and reward our key people? What if they leave?
• What is my business worth? When was it last valued?

1. Identify

• Determine your succession timeline
• Understand your business value
• Perform a formal retirement needs analysis
• Consider your preferred succession path
  • Transfer to insiders
  • Sale to a 3rd party
  • Become an investor/owner

2. Evaluate

• Identify the GAP between your retirement income needs and the amount of income produced by your business and non-business assets
• Align your non-business assets with your succession objectives
• Analyze the health of your business
  • Management team performance
  • Financial performance
  • Operational performance

3. Design

• A customized Roadmap that outlines your objectives and provides strategies and tactics
• Examines various “what-if” scenarios
• Focuses on your primary and secondary plan
• All factors being planned in concert with your advisor Team (CPA, Attorney, etc.)

4. Implement

• Coordinate the efforts of your Advisor Team to:
  • Structure or update documents
  • Structure or update financing
  • Highlight key performance indicators
  • Reduce Risk
  • Consider funding solutions
• Implement the solutions and arrange the steps necessary to fulfill your objectives

5. Monitor

• Provide accountability and implementation coordination to meet your objectives
• Update progress and plan through regular contact