November 12th, 2008 
admin Few things are certain in business life, but there is one universal truth: Be it a carefully planned decision or the result of fate’s swift hand, someday you will leave your business.
Your exit is going to take place in one of two ways:
You will transfer ownership of the business during your lifetime because you’ve decided you want out. Without planning, this will probably mean that you have to liquidate.
November 4th, 2008 admin Determining The Value
Valuation of your business is likely to be performed by your CPA or a business appraiser using a methodology consistent with the approaches sanctioned by the IRS. This valuation will determine a range of fair market values for your business for purposes of gifting, estate taxation, and general planning. Note that this fair market value is not the same as the sales price for your business.
October 31st, 2008 admin Four Ways To Leave Your Business – Which One Is Right For You?
Selecting your successor is a fundamental objective that is decided early in the Exit Planning process. Almost all owners want to transfer the business to other family members, an employee or a co-owner; only about 5 percent want to sell to an outside third party. Interestingly, however, most persons first identified as successors do not usually end up as the ultimate owners.
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