Should I Stay and “Grow” or Sell and “Go”?

Studies show that 7 out of 10 mid-sized businesses will transfer ownership in the next decade.  These studies conclude that only 28 percent of private businesses have done exit planning… or 72 percent have done nothing.  One study shows that only one out of four businesses for sale actually sells. 

Consider this:  If you are one of the 28 percent who has done planning, do you think the likelihood of having a successful transition is better?  We strongly believe it is!

As a result of our process, you will have a Road Map that helps you understand and implement the following components:

• How much your business is worth today and what you can do to increase the value?
• When is the best time to leave the business?
• Should you grow the value or exit now?
• What is the best structure for exiting that will result in the least taxation?
• If you want to transfer to family or management, how can that be done most effectively?
• How can you build and retain a strong management team through all possible situations?
• If you expect to transfer to an outsider, who is likely to be the best candidate… an industry player, competitor, a financial buyer, or a company that wants a geographic presence or entry into the market?
• How can you minimize risk in a transfer?
• What opportunities are you missing?

Should You Sell Your S-Corporation in 2010?

Maybe so. Here's why. On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act (The Recovery Act). An interesting and somewhat strange provision was included which shortens the built-in-gain recognition for S-Corporations for taxable years 2009 and 2010. This creates an opportunity for business owners to sell in 2010 and not be subject to taxes on the related gains. Click for further details