As a business owner, you have invested significant time and energy to construct and grow your business, but have you given any thought to how you will transition out of your company?
Bernhardt Wealth Management works with successful business owners to develop a comprehensive exit strategy that addresses business, personal, financial, legal, and tax questions and includes contingencies for illness, burnout, divorce, and even death. We work with you to create a plan that will help maximize the value of your business at the time of your exit, minimize tax liability and assure the financial security of you and your heirs.
We believe an exit strategy is about more than money. It is about gaining peace of mind knowing you have prepared for the future success and continuity of your business. It’s about having a plan that allows you to slow down or redirect your energy toward the people and activities that bring you the most joy at a time that makes the most sense for you.
Our exit planning solution for business owners is based on the proven Seven Step Exit Planning Process™. Depending on your level of prior planning, you may need to address all or just some of the components of the process. At each step of the process we strive to help you feel confident in your decisions.
Seven Step Exit Planning Process™
- Establishing Owner Objectives
- Establishing Business Value
- Building Value and Cash Flow
- Selling to a Third Party for Top Dollar
- Transferring to Management or Family Members
- Developing a Contingency Plan for the Business
- Family Wealth Preservation Planning
Achieving maximum return on the investment of years of hard work working as part of a team orchestrating successful exits for their business owner clients.
We help successful business owners design and implement the ideal transition out of their business, allowing them to achieve all that is important to them. Following the proven Seven Step Exit Planning Process™, we collaborate with you and other professionals to apply strategies and techniques to your business that maximize financial return, minimize tax liability, prepare for contingencies, and increase the likelihood of your successful exit from the business.
As a business owner, have you given any thought to how you’re going to transition out of your company?
Do you know how much your business is worth?
Who will purchase your business?
- Achieve maximum return for your business
- Transition the way you want and within your time frame
- Maximize tax liability on your business
- Prepare for contingencies
- Assure financial security for your heirs
But an exit plan isn’t just about making money. It’s about ensuring the future success and continuity of your business while devising a strategy that allows you to slow down or perhaps redirect your energy towards the people and the activities that bring you the most joy. We believe it’s about finding peace of mind.