Corporate Consulting / / / / /
Business Exit Planning
Every business owner believes their business is worth millions. Yet only a lucky few get to reap those rewards by selling their business to a third party, family member, or key stakeholder. Even fewer have a business exit plan in place for a smooth transition.
You may have a qualified person ready to take over the reins of company leadership, but with no written buy/sell exit plan in place you put your business at risk. It is critical that a buy/sell agreement or business exit strategy be in place prior to a life event triggering a buyout.
Higginbotham Financial consultants can show you how implementing a PRSPlan™ can “golden handcuff” your key person(s) to the business. This will allow for a smooth business transition while maximizing the business’s value and maintaining your financial security.
What is the true worth of your company? A realistic evaluation of your company’s value is crucial to making smart business decisions.
We’ll assist in calculating an accurate value of your business and then create our PRSPlan™ to extract that equity at a low cost. In fact, over time, these plans typically increase stockholders’ equity.