You’ve worked hard to build your business into a successful enterprise.
Now it’s time to focus on your succession plan so you can be personally and financially prepared while maximizing the value of your business. Your net worth and future income depends on the value of your business, whether you plan to sell it or pass it along to the next generation. Many business owners don’t fully assess the value of their company, assuming that increasing revenue is enough. The value of your business is about more than just revenue. As you look towards the future, long-term business exit planning is the key to growing and getting the most out of the business you’ve worked so hard to build.
DHJJ’s exit planning team has the specialized knowledge to help ensure you are personally prepared, financially prepared, and continuing to maximize the value of your business. Our Certified Exit Planning Advisors and experienced professionals deliver an outstanding depth and breadth of skills in business valuation, retirement planning, value-enhancement consulting and tax strategy.
Understanding the true value of your business and planning for its transition is only half the picture. You also need to take a thorough look at your retirement income goals and the best steps to take now so that your business transition is successful. This process involves tax planning, operational issues, identifying successors, and strengthening cash flow, along with retirement planning and wealth management considerations.
DHJJ’s business exit planning process is customized based on your unique situation and may include:
- Retirement planning
- Succession planning
- Business valuation
- Value and Profitability enhancement consulting
- Shareholder agreements
- Tax structuring
- Due diligence
- Trust and estate planning
- Buy side/sell side business transactions
- Wealth management
- Income tax planning
- Estate tax planning
Whether your business operates in the Chicago area, elsewhere in Illinois or has multiple locations across the United States, we help ensure your business pays you back with careful exit planning. If you are considering retirement or selling your business within a few years, or would like to plan further into the future, call DHJJ’s exit planning team today for a consultation.