Maximizing Business Exit Value for Retirement
Client Background
A business owner planning to exit their company in three to five years sought our advice to ensure sufficient retirement funds.
Challenge
The client’s wealth was heavily tied to their business, and their personal savings alone might not support their desired retirement lifestyle. Business-related expenses, like company cars and health insurance, complicated their financial planning post-exit.
Solution
We conducted a retirement analysis to determine the minimum sale price needed to meet their retirement goals. We adjusted their profit and loss statement to account for personal expenses previously covered by the business. Working with a certified value growth advisor and exit planning advisor, we maximized the business’s value through strategic improvements, ensuring a higher sale price.
Results
The client achieved clarity on the business sale price needed for their retirement lifestyle. Our collaborative approach enhanced the business’s value, increasing the likelihood of a successful exit. The client gained confidence in their retirement plan, knowing their personal and business finances were aligned.
Are you preparing for a business exit? Contact Michael Brady for a personalized consultation to discuss how your wealth can align with purpose and possibility.