Business Ownership, Sale & Succession Planning


Most business owners agree that founding their company was the most important financial decision they ever made.

The second most important decision? Exiting it. It’s as simple as that.

A company — particularly one that is family-owned — typically represents more than half of the value of the owner’s estate at the time the owner decides to dispose of it.

As business owner you have many balls in the air and the decisions you make will have far reaching implications, not only for your business, but also for you and your family. I want to spend time to find out what it is that is critically important to you, the concerns that you have and develop strategies that will you need to know those things are important to you and What as a Business Owner may be important to you?

  • Financial well-being growth and protecting your wealth up to and in retirement
  • Cash flow planning
  • Potential investment decisions and strategies
  • Minimizing taxes and leveraging tax efficiencies
  • Maximizing the value of your business
  • Ensuring your family is provided for in the event of an unexpected illness
  • Succession planning
  • Education investment strategy for your children
  • Leaving a legacy to assist a charitable organization 

 

The Stakes Are High

As a business owner, the advantage of using the divestible assets held within your company to ensure a carefree retirement can be huge. Huge in wealth preservation. Huge in tax savings. Huge in family financial security and personal peace of mind.

A single statistic supports this observation.

Few business owners have a coherent wealth management strategy and even fewer — as low as 10% — have a written business sale or succession plan. If you are one of the 90% without either, we have a suggestion to make.

My Commitment and Our Next Steps

With a financial discovery to identify your needs and circumstances I will ensure we write down the aspirations you desire most.  Written goals are more achievable.  This will be captured in an Investment Policy Statement (IPS) that we can use to direct our strategy to preserving and making the most of your hard earned capital.

After a strategy planning and wealth management review, we can include will and estate planning, business succession planning and insurance strategies to protect you and the people you wish to provide for as an added benefit to our comprehensive approach. I can also collaborate with any of your other financial advisors, and use my external and internal network to ensure we are simplifying your ability to grow and protect your wealth in your interest.

We will financial plan to forecast your wealth accumulation (in and outside of your business) considering tax and retirement planning to give you peace of mind.

Regular reviews, monitoring and an ongoing service schedule is agreed upon to ensure you are kept well informed.  

Start a Conversation

Even if you have a sale or succession plan in place it makes sense to talk with us. The discussion is without charge or obligation, and the results might surprise you.

We have rarely reviewed a wealth management or business sale or succession plan that can’t be materially energized, strengthened and improved.

Motivated, disciplined and hands-on, Darrel Ripley has helped innumerable businesses maximize their corporate assets, organize their company for sale to a third party, transfer it to family members, or structure a management buy-out.

You have worked hard to create a durable business legacy. An hour is all it takes to find out how to preserve, protect and maximize the value of what you’ve taken so much time and trouble to build.