Business Succession Planning

As a business owner, preparing for retirement and succession planning requires looking at the whole picture. Making sure you plan early and often with a team you trust develops a safe, proven and sensible plan for your retirement and the transition of your business.

How we help you get there

You have three options to consider regarding the transition of your business. You can sell it to a third party, transfer or sell it to family members, or sell it to current employees or management. No matter what course you take, the best succession plan is one that addresses five key topics.

A well-thought-out succession plan helps you pass on responsibility for running the company to a successor-owner, transfer ownership and extract your money. Identifying your path early helps determine next steps in your succession plan. Boulay assists with:

  • Strategic or Financial Buyer Analysis
  • Internal Buyer Evaluation
  • Family Development Plan

After years of hard work, we know selling or transferring your business at the right time is important. Boulay helps you prepare with:

  • Financial Condition and Profitability Evaluation
  • Historical and Adjusted EBITDA Schedule Preparation
  • Financial Statements
  • Business Valuation
  • Projected Cash Flow Calculation

Deciding what you want to walk away with from the closing table sets your course. Whether it’s maximizing proceeds or leaving a legacy, we help create your plan with:

Exiting can be complex and trigger significant tax consequences. We help you minimize your tax burden and safeguard your wealth. Our services include:

  • After-tax Proceeds Calculation and Timing of Deferred Payments
  • Asset Allocation Opportunities and Other Tax Strategies Review
  • Asset versus Stock Sale Comparison
  • Estate Tax Planning

Evaluating your financial ability to retire is critical, especially when most of your net worth is tied up in your business. Boulay assists with:

Planning your succession strategy in advance gives you the time to do it right and maximize your returns. Boulay guides your entire process, offering you a comprehensive integrated succession plan focused on attaining your business and retirement goals.


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