Sale to Insiders, Business Continuity, Succession Planning, Exit Planning Pat Ennis Sale to Insiders, Business Continuity, Succession Planning, Exit Planning Pat Ennis

Internal Sale with Modified Buy-Out

This internal sale method works best for most owners who have the following goals:

  • Transfer their business to key employees

  • Motivate and retain key employees

  • Receive full value for their business

Let’s look at a short case study regarding the concept of Modified Buyouts.

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Transfer to Family, Estate Planning, Exit Planning, Succession Planning, Business Continuity Pat Ennis Transfer to Family, Estate Planning, Exit Planning, Succession Planning, Business Continuity Pat Ennis

Some Thoughts About Family Business Transfers

You might think that transferring your business to a child or family member would be the easiest exit route to facilitate. Whereas statistics reveal that only one-third of all family businesses pass successfully to the next generation, and only 10% to the third generation.

Owners considering a transfer to children often run into these obstacles, among others…

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Business Continuity, Succession Planning, Exit Planning, Estate Planning Pat Ennis Business Continuity, Succession Planning, Exit Planning, Estate Planning Pat Ennis

Sole Ownership and Planning for The Unexpected

A sole owner of a business who has a spouse and/or family has not a few key planning issues that need to be addressed before it’s too late.  “Too late” being the unexpected events of death or permanent incapacity or disability.  To illustrate, let’s use the following story that is based on real life events…

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Build Transferable Value, Succession Planning, Business Continuity, Business Valuation, Exit Planning, Sale to Insiders, External Sale Pat Ennis Build Transferable Value, Succession Planning, Business Continuity, Business Valuation, Exit Planning, Sale to Insiders, External Sale Pat Ennis

Aligning Employee Incentive Plans with Owner Goals

Sarah wanted to exit in 5 years and had learned through planning and analysis led by her exit planner what “her number” was, as well as an objective estimate of the value for her business. She was pleasantly surprised to find that the financial gap for making her post-business dreams happen is not insurmountable. At the same time, she is aware that growing the value of the business (Sarah’s largest asset) will be necessary to close the existing gap.

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Life After the Business, Build Transferable Value, Business Continuity, Exit Planning, External Sale, Sale to Insiders, Transfer to Family, Estate Planning, Retirement Planning, Next-Level Management, Succession Planning, Business Valuation, ESOP, Financial Analysis Corby Megorden Life After the Business, Build Transferable Value, Business Continuity, Exit Planning, External Sale, Sale to Insiders, Transfer to Family, Estate Planning, Retirement Planning, Next-Level Management, Succession Planning, Business Valuation, ESOP, Financial Analysis Corby Megorden

Exit Planning and your heart’s desires

As a business owner you pour your heart into your work and it has become part of you. But at times, the business you have carefully nurtured for years can become a burden - there's a part of you that yearns to do something else - travel, spend more time with family, enjoy more leisure, or even start another new business. You are confused. 

So when it comes to considering the future of your business, where is your heart?

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