Whether you’re running a start-up, a family business, or a long-standing company, implementing exit planning strategies is an essential part of the process for any business owner. Having a plan in place before you leave can help protect the financial security and success of your business, and ensure a smooth transition of ownership or operations.
Unfamiliar with what an exit strategy is in business? An exit plan is a comprehensive plan that outlines the steps for when you’re ready to sell or transfer your business. It includes a number of legal and financial considerations, as well as strategies to maximize the value of your business and ensure that your wishes are carried out.
Between determining the value of your business in the present day, deciding how to transfer it when you’re gone, and managing the finances of the business during the transition, the process of creating an exit plan can be daunting without the help of a trusted financial advisor, like those at Avidian Wealth Solutions.
Avidian is a fiduciary wealth management firm offering high-net-worth business owners and entrepreneurs access to a comprehensive suite of financial services. To learn more about how we can help you with your exit and succession planning services, schedule a conversation with us today!
Billion in client assets under management *
*AUM based on AWS current FORM ADVFinancial professionals
Years of success
At Avidian Wealth Solutions, we understand the unique challenges and complexities that come with running a business, and offer holistic financial services designed to navigate these complex problems. This often includes assessing the current financial health of the business and the owner’s financial situation and identifying financial goals and objectives related to the exit, such as desired sale price, retirement income needs, and estate planning.
Our comprehensive suite of services is not just about preparing for your exit, but also about maximizing your enterprise’s value and ensuring its continual growth through services including:
When you partner with us, your business isn’t just another account — it’s a legacy that we’re committed to preserving and growing.
Exit planning isn’t just about preparing your organization for when you leave — it’s also about setting up the business to maximize its value in the long run. This could include assessing and building up your competitive advantage, increasing profitability, and improving operational processes.
Avidian Wealth Solutions can help you identify areas of improvement for your business, work with business valuation experts to determine the business’s fair market value, and develop strategies that work to amplify its value so that by the time you’re ready to leave, your company is in the best possible shape. We’ll work with you to develop a comprehensive exit plan that aims to set you and your business up for success.
Avidian can help business owners evaluate exit options like selling the business, passing it on to family members, merging, or going public. We can provide financial analysis and guidance to choose the best strategy for you.
We also work with you to determine the best timing for your exit, taking into account market conditions and potential tax implications, and assist with implementing the chosen exit strategy by coordinating with legal and financial professionals for a smooth and efficient transition.
Avidian can create and manage investment portfolios with the goal of maximizing the value of the business and personal assets leading up to the exit.
This can involve optimizing the business’s financial performance and investing the proceeds in a diversified portfolio, as well as diversifying the owner’s investment portfolio to reduce dependence on the business’s performance. This diversification can offer financial security in the event that the exit takes longer than anticipated.
For an exit strategy business plan to be successful, your personal, financial, and business goals all need to be aligned. Your exit plan should support your personal goals for life after retirement, consider whether your business will be transferable and viable without you as the owner, and plan for financial stability while you are still running the company.
At Avidian Wealth Solutions, we understand the connection between these three areas and strive to bring harmony to your exit and succession planning strategies. Whether you need step-by-step instructions on how to plan an exit strategy or need help aligning your exit planning strategy to your retirement planning strategy, our team of experienced financial professionals can help you craft a plan that is tailored to your unique needs and goals.
Our team is comprised of highly credentialed, specialized, and experienced wealth management professionals who work together to handle multiple aspects of your financial life, including asset management, debt management, risk management, taxation, wealth transfer, and more.
CFPs
CFAs
MBAs
JDs
PhD
CEPAs
Understanding what makes an exit strategy work is critical to planning a successful transition and choosing the right type of exit strategy for your business. These key elements can include:
Keep in mind that the choice of exit strategy will depend on a variety of factors, including the nature of the business, the owner’s financial situation and personal goals, and market conditions. Talk to one of our advisors to help inform your decision-making in choosing the most suitable exit planning strategies for your situation.
Curious about where you stand today? Schedule a meeting with our team and put your portfolio to the test.*
