Business Succession

Your Business Succession

Don't leave your business's future to chance. Minimize your risks with forward-thinking and planning, including a business succession assessment. 

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We Can Help with Planning

Assessing a business and its employees is a complex undertaking. But we can do the job with minimal complexity and walk you through the finished work. Much of the entire process deals with business valuation, business continuation, and key person protection, all of which can be covered with life insurance. 


An Inside View of the Assessment

Business Valuation

Depending on your type of business, a formal appraisal may cost between $7,000 to $20,000. And you may not even need it. We can perform calculations for the five valuation methods accepted by the IRS at a fraction of the cost. You may also use the report for various functions, including:

  • ​Recapitalization
  • Sale of the business
  • Buy-sell agreement
  • Fund buy-sell options

Key Person Protection

Would you like to know the value of key employees and know how to protect your business from their loss? Rate critical employees in different areas of your company:

  • ​Quantify employees' value based on their business involvement.
  • Determine the family's expectations about the business.
  • Know how to transfer business ownership when the time is right.
  • Discover funding solutions for key persons planning.

Business Funding

Money is often hard to come by when you need it the most. Would you like to know where to find the funds you may need for business continuation in the event of a partner's death, disability, or retirement? 

  • ​Discover various business continuation funding sources.
  • Compare the value of these funding methods.
  • Take advantage of the best one for your company.

No Formal Business Appraisal

We don't claim to produce formal business appraisals. Instead, we create a near estimate that will cost you far less than a formal appraisal. The comprehensive 40-page report will answer vital questions about business succession, which can be used for planning and funding needs.

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