Exit Planning

As a business owner, you'll inevitably be faced with decisions about what to do with your business when you're ready to transition out of your role. It's a complicated question that involves careful planning and a host of interconnected financial, tax, legal, management and emotional concerns.

Frazee Ivy Davis is here to help you transition out of your business on your terms and on your schedule by advising you as you make decisions about financial plans, family objectives, buy-sell agreements, valuation, and a variety of management issues. We can help you plan, structure and negotiate the purchase, sale or leadership succession of your business.

Though you may not be ready to transition yet, it's important to have a plan in place. And while your goals are unique, every exit plan starts with the same questions:

When will you exit?

Some business owners have specific thresholds in mind to make them emotionally ready and financially capable of transitioning, while others may want to continue working indefinitely or until the business no longer seems fulfilling.

What are your financial needs and resources?

It's important to know the value of your business and whether or not it's enough to combine with other resources to sustain cash flow and meet your financial goals.

Who is your choice of successor?

You may want to transition your business to a family member or business insiders, or seek a third-party purchaser.

We'll work with you and your advisory team (legal, tax, investment, insurance, etc.) to create a logical process that will clarify your goals, prioritize them and recommend the best course of action to meet them.

We will work with your your advisory team to help you resolve these issues:

  • The capital and cash required to meet your retirement and estate goals.
  • The current value of your business and its cash-generating capability.
  • The best ways to minimize taxes, protect and increase the value of your business.
  • How to sell your business to a third party.
  • How to transfer your business to family, co-owners, or key employees.
  • The best ways to establish contingency plans against negative surprises.
  • How to align estate wealth planning with business exit goals and techniques.
Contact leaders of our exit planning team: