Exit Strategies and Implementation
What will ultimately become of your business? How will you transition out of it? Will you sell it? Pass it on? Simply retire? If you don't know the answer to these questions, we can help.
The ideal transition is the sale of the business for maximum value, with a minimal income tax burden. Even if the sale of the business is to beloved family members, value must be preserved, for you and for those you love.
Only one method ensures an ideal transition — creating the proper plan with an effective exit strategy.
Our Family Business Succession will help you and your business advisors implement that strategy. Even if you have not done the most comprehensive planning and maintenance, we can help you design an exit strategy that will provide you the maximum possible benefit. Our process will give you a seven-step plan to create, preserve and transition the value of your business.
We help you make the value of the business "all about the business" instead of "all about you."
Corliss, A Law Corporation, can help your business achieve various goals, including:
• Setting exit objectives • Determining value/price • Preserving, protecting and promoting the value • Converting business value to cash • Selling the business for a note • Structuring contingency planning for the business • Arranging non-compete agreements for owners or key managers leaving the business • Drafting wealth preservation planning