Most owners sell or transition a business once in their life. We will help plan and manage an exit strategy, transition or succession of your company. Businesses sell for optimal prices when the economy is strong and a business has taken steps to present a favorable financial and operational environment. In order to leverage your position, buyers need to see strong financials supported by an organization that is not dependent on one or two people to continue to make the company successful.
The ETS blueprint is the “master plan” which will vary based on your objectives. Our team will design a plan to address the financial, tax, human resource, insurance, investment and emotional needs to help guide you through the process.
We conduct formal review sessions to ensure the steps outlined in your blueprint are moving forward. The frequency and length of these meetings vary based on the progress being made on the steps and how close you are to putting the company up for sale or initiating a succession plan.
Our Process includes:
- Establishing a baseline starting point.
- Deciding a transition path; family succession, sale to a third party, or a sale to employees.
- Creates transition path timelines.
- Or; consider reversing the process and use ETS to buy or merge a business into you.
PARAGON Business Consultants will provide, coordinate or identify a comprehensive strategy, conduct financial due diligence, identify a business broker to help you sell to a qualified party and provide the tax, insurance and wealth management strategies needed for your ETS.
Contact us via email, call (301) 300-3378 or (202) 850-0022 to find out how Paragon can help implement your exit, transition and succession plan for your business, help support your mission and improve your financial bottom line