OVERVIEW

$10 Trillion worth of businesses will transition over the next decade as Baby Boomers sell their businesses. Yet 75% of business owners don't have a plan for transitioning their businesses and personally exiting, though 50% of these individuals will want to or be forced to sell. Business owners with a well-defined plan will be positioned to exit on their own terms and schedule - those who don't face significant risk of losing out.

Business transition planning is a comprehensive and integrated approach designed to provide business owners with a clear roadmap to maximize their business value and minimize the tax impact when selling  a business.

Whether you sell to a third party, insiders, or transfer to family, a strategic transition plan is a vital part of business ownership that helps you define and achieve your business, personal, and family/estate planning goals.

What can Business Transition Planning do for you?

A well-designed and properly implemented transition plan is a powerful and valuable business and personal planning tool that enables you to:

• Achieve your business and personal goals

• Learn how and when to maximize the value of your business

• Facilitate your retirement and financial security

• Control how and when you exit

• Ensure the survival and growth of your business

• Preserve family harmony

• Reduce employee and family uncertainties

• Enhance and protect the value of your business in good times and bad

• Minimize, defer, or eliminate capital gains, estate, and income taxes

• Have strategic options from which to choose

• Create peace of mind

...And if I don't have a Business Transition Plan?
Failure to have a well-designed transition plan can result in significant costs and risk to business owners, such as:

• Undervaluing your company, leaving hard-earned wealth on the table

• Paying too much in capital gains and estate taxes

• Losing control over the timing and terms of the transition process

• Failing to realize your personal, financial, and/or business goals

INNOVATIVE APPROACH

Solenture's business transition planning process starts with a clear understanding of your personal, business and estate planning goals and objectives. The "vision" you have for yourself, your business and/or your family is vital to developing a plan that aligns with your goals and objectives.

In the end, you will have a plan in place that positions you to create, or take advantage of, the opportunities ahead of you, your business and your family.

Headed by a Certified Exit Planning Advisor (CEPA^TM), the Solenture team of professionals is trained to guide you through the entire transition planning process. They can work with your current professional advisors or you can utilize our team of attorneys, accountants, business valuation experts, financial planners, benefit and insurance specialists, risk managers and asset advisors.

Transitioning and/or exiting from your company is likely the most significant financial event of your life - don't leave it to chance. Give us a call.

Securities products offered through registered representatives of Mid Atlantic Capital Corporation (MACC). Member FINRA and SIPC. Solenture is not a subsidiary or control affiliate of MACC.
Advisory services offered through Solenture Advisors LLC., a registered investment advisor.