Business Owner Financial Planning
Business planning is a critical process for every entrepreneur, and we are here to guide our clients every step of the way. We empower business owners to grow, protect, and transition their legacy with purpose and precision.
Purpose Beyond the Numbers
Every private business owner eventually faces the question: “What do I hope to accomplish with my exit?” Whether your goal is to keep the business in the family, sell to a competitor or private equity group, transition to employee ownership, or maintain it as a lifestyle business until your passing, a well-executed exit plan has the power to secure and enhance the business’s value while strengthening the owner’s most important relationships. Conversely, a poorly executed plan can significantly damage business assets and strain those same relationships.
For most owners, the prospect of leaving their business is mentally, emotionally, and financially overwhelming. The owner's advisors often focus exclusively on the quantitative aspects of exit planning, neglecting the equally critical qualitative factors. Many owners begin the process with the best intentions, but it quickly becomes complex and overwhelming, causing them to lose momentum. As a result, most owners either have no written plan at all or settle for a basic plan reduced to a few legal documents tucked away in a drawer.
Our team guides business owners through a process that addresses both the qualitative and quantitative aspects of exit planning—integrating the mental and financial, relational and structural, heart and mind. Which exit options best align with the owner’s sense of purpose? Which strategy considers both the financial and non-financial impacts on their most valued relationships? By merging personal financial planning with business exit planning, we seek to deliver a superior, holistic outcome.
Our Business Exit Planning Six-Step Process
We embrace a tried-and-true process that will help you maximize your benefits as you transition your business, understanding that your business is more than just a source of income—it’s an integral part of your life and legacy.
- Establish your exit goals
- Measure your financial and mental readiness
- Identify the type of exiting owner you most resemble
- Choose your optimal exit option
- Understand the value of your chosen option
- Execute your exit plan
Marshall Weath is a member of the Business Intelligence Institute
The Business Intelligence Institute is dedicated to serving the unique needs of closely held business owners, with the goal of helping them grow, preserve, protect, and ultimately transfer their life’s work.
Our mission is to leverage a holistic financial planning process and intellectual capital to empower our entrepreneurial clients to make informed decisions that align with their business and personal goals.