"Don't think about it as when you are ready to leave, but think about it as when the next generation is ready to lead." ― John Davis
Affordable Help When You Need It
One of our passions is the family owned business with all their challenges and relational complexities. We find that the greatest challenge may not even be financial but relational and this is why so few of such businesses survive to the third or fourth generation.
Our services are designed to help the family business owner overcome these challenges through both our services and a network of providers who can add value under our watchful eye. We have extensive experience with helping businesses prepare to realize their full value and potential through prudent business and financial planning process that includes not only analyzing and mitigating organizational risks but planning for the business owner's own personal financial goals outside the business.
We can also assist the business owner in structuring the business transition to improve the chances of the next generation's success while also extracting value for the transitioning business owner. Alternatively, we can help the business owner ready the business for sale or merger.
Unlike our competitors, our services are primarily retainer based and very affordable. We will provide as much or as little support as you need. We also realize those needs ebb and flow through time and we are there to help as needed.
Typical Family Owned Business Services
Buy / sell insurance planning and funding;
Key person(s) coverage;
Non-qualified retirement plans such as SERPs, Section 162 Bonus Plans and more;
Business projections and capital structure development;
Limited capital formation;
Corporate retirement plans;
Facilitating family meetings;
Temporary CFO services;
Fees vary from negotiated retainers to commissions on insurance solutions.