Studies show that 60% of the closely-held business in America will transfer ownership within the next 10 years.
Most will transfer with little or no planning or counsel from highly experienced Succession Planning Advisors.
This lack of planning creates significant risks for buyers and sellers alike through failure to utilize
available leverage, increased taxation, (both on the transaction and estate taxes), ineffective transfer of key knowledge and
relationships, and improper consideration for the "what ifs" that often occur.
We bring a strong level a capability to help you identify the key areas that will have the most impact
to your business performance and peace-of-mind that all avenues have been fully explored.
Blevins Financial provides a highly consultative approach to dealing with the two most important areas when transferring a business:
Comprehensive Transition Planning
- entails developing and implementing a plan to transfer all "non stock" assets such as key vendor/client/advisor relationships
and development of critical skill sets.
Tax-Favored Transaction Planning
- Working jointly with the buyers and sellers (and their advisors) to develop a financial structure that minimizes TOTAL
taxation for the transaction.
In the realm of Succession Planning, there are three basic potential buyers of your business - each has its own challenges and benefits:
