We help you with exit planning, to determine a strategy that best meets your needs and goals regarding turning your business over to new ownership and management.
If you are not sure what you need to do in anticipation of selling your business, we can help you understand how the complex selling process works and what you need to do now to prepare.
At some point you need to shift focus from minimizing taxes to maximizing value. Those two strategies are often different and sometimes contradictory. Greg DeFoor and Tim Greene have the experience to take a business that is not yet in position to sell or not yet worth what the owner is willing to sell it for and help the business owner better position the company to achieve that higher value.
Defer Capital Gains Tax
Greg is a member of the Estate Planning Team. We help sellers of businesses and real estate defer capital gains tax through the use of a trademarked product called the Deferred Sales Trust. This is an effective tax planning strategy for transaction sizes with a minimum of $300,000 in capital gain and depreciation recapture tax. For more information, view https://www.mydstplan.com/gdefoor.
How Much Is My Business Worth?
We help you determine a potential selling price for your business based on comparisons of your business to industry rules of thumb and sold businesses. We have resources available to us as business brokers to help you understand what similar businesses are selling for in the market.
For those already involved with a particular buyer on the sell-side or a particular target on the buy-side, we provide business advisory services in contemplation of a business transaction. We can help fill in the gap between the resources you already have available and the resources you need. On the CPA side, we’ve performed accounting due diligence a number of times.
As Business Brokers and Mergers & Acquisitions Intermediaries, we are able to help you through the different stages of business transfers. Whether you need help with planning, acquiring, selling, or services more specific to a particular transaction you are contemplating, we have the experience and skills to help guide you through the process.