Exit Planning

A systematic approach to planning your exit.

A family-owned business or closely-held business is a source of pride for its owner. It’s also your most significant asset. It provides you with income today, as well as the foundation for your retirement in the future.

The personal and business goals of the family business owner are interlaced. Any decisions you make affect not only your business, but you as an individual.

To ensure a proper balance between both entities, SVA undertakes an extensive, detailed approach to our exit planning and family business services.

1. We meet with you.
   It’s essential to begin our working relationship with a clear understanding of your objectives. We need to clearly understand your retirement goals, and your expectations for the business.
2. Is it feasible?
   Once we have a clear understanding of where you’re heading, we have to make sure you have the resources to get there. At this point, we’ll need to evaluate your options, and decide whether they mesh with your current financial standing.
3. Identify alternatives.
   The business world is full of unforeseen variables. Part of any planning we do involves creating alternatives for life’s unexpected events.
4. Choose your successor.
   If you want to pass along ownership of your family business, we’ll help you evaluate the necessary steps. We’ve helped other businesses transfer ownership to all types of entities, including other family members, partnerships and publicly-traded companies. We can also guide you through a merger or acquisition.

You’re not like publicly-held companies. A family-owned business requires unique financial strategies, from determining your successor to creating a long-term retirement plan, you need solutions specific to your business.

We understand the significance of these decisions. It’s why our family business services include a crystal-clear focus on your highest priorities.