Succession and Exit Planning Clarity John O`Dea
Transcription
Succession and Exit Planning Clarity John O`Dea
John O’Dea Succession and Exit Planning Clarity Ideal Client: • • • • Business owner age 60 +/- 5 years Owner of a closely held business Interested in comparing internal and external sale options Revenues $5 – 50mil Target Industries: • Construction • Architecture • Manufacturing • Vet and Vet Services • Food and Beverage Mfg • Property Management Products and Services: • Assessment of critical issues in exit and succession planning o Business value for party sale, internal planning purposes transfer, family, etc) o Compensation o Banking issues benchmarking o Growth systems o Incentive planning o People systems o Transfer system o Financial systems comparison / o Business continuity education (ESOP, third o Personal wealth and estate planning 925.952.6138 \ [email protected] \ www.nfp.com 3470 Mt Diablo Blvd #A100 \ Lafayette, CA 94549 Comparing the options to turn ownership into cash can be confusing: • Net of fee’s and taxes while adjusting for risk = what approaches deliver the best financial and nonfinancial performance? Failure in the process is costly and potentially unrecoverable: • Taxes, advisory fees, foreclosure and loss of customers, reputation and more. And, finding experienced advisors without bias is hard: • ESOP vendors, investment bankers, business brokers, wealth managers Potential Results: • • • • • Lower taxes Increased buyer competition Faster sale cycle Hedged long term risk Increased risk adjusted return net of fees/taxes Summary: John O'Dea, CExP, CLU • • • Certified Exit Planner (CExP) Process oriented approach to exit strategy discovery, design and execution Fee based and implementation independent advice Disclosure: Securities and Investment Advisory Services offered through NFP Securities, Inc., Member FINRA/SIPC. NFP Securities, Inc. and NFP Insurance Solutions are subsidiaries of National Financial Partners Corp. (NFP) Circular 230 Disclosure: To comply with regulations issued by the IRS concerning the provision of written advice regarding issues that concern or relate to federal tax liability, we are required to provide to you the following disclosure: Unless otherwise expressly reflected herein, any advice contained in this document (or any attachment to this document) that concerns federal tax issues is not written, offered or intended to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties that may be imposed by the IRS or promoting, marketing or recommending to another party any matters addressed in this document or any attachment. 925.952.6138 \ [email protected] \ www.nfp.com 3470 Mt Diablo Blvd #A100 \ Lafayette, CA 94549