Business Succession Planning
Business Succession Planning
Making the decision to sell your own business is one of the most important decisions you’ll ever make.
According to the Exit Planning Institute’s State of Owner Readiness Survey, however, only 49% of owners have done no succession planning at all.
Trost Financial helps business owners navigate the financial complexities of business ownership through to retirement. Our team is here to assist you throughout each step of the succession process. We work in tandem with your attorneys, accountants, and other representatives to ensure that you transition seamlessly across our five essential steps of business succession planning.
Planning Process
Readiness
Assessment
Are you ready to exit – personally, financially, professionally?
Succession
Financials
Do you have your
financials & documents
organized to maximize
valuation.
Exit Option
Analysis
Have you determined the optimal structure for your desired exit?
Negotiation
Are you sufficiently
prepared for the
negotiation process?
Business
Transition
How you will spend your time and resources during and after your exit?
Making the decision to sell your own business is one of the most important decisions you’ll ever make.
According to the Exit Planning Institute’s State of Owner Readiness Survey, however, only 49% of owners have done no succession planning at all.
Trost Financial helps business owners navigate the financial complexities of business ownership through to retirement. Our team is here to assist you throughout each step of the succession process. We work in tandem with your attorneys, accountants, and other representatives to ensure that you transition seamlessly across our five essential steps of business succession planning.
Planning Process
Readiness
Assessment
Are you ready to exit –
personally, financially,
professionally?
Succession
Financials
Do you have your financials &
documents organized to
maximize valuation.
Exit Option
Analysis
Have you determined the optimal
structure for your desired exit?
Negotiation
Are you sufficiently prepared
for the negotiation process?
Business
Transition
Are you prepared to execute upon
the post-closing commitments?
We help business owners with…
- Buy/sell agreement
- Key man insurance
- Liquidity event
- Tax planning and minimization strategies
We help business owners with…
- Buy/sell agreement
- Key man insurance
- Liquidity event
- Tax planning and minimization strategies
Latest Resources
6 Tips to Help Your Small Business Thrive
In today's competitive market, running a small business can be ...
Frequently Asked Retirement Questions (With Answers!)
Our team at Trost Financial is constantly asked about retirement ...
How to Maximize your Wealth Management
By: Greg Trost, CEO & Succession Planning Strategist Wealth Management ...
Latest Resources
6 Tips to Help Your Small Business Thrive
In today's competitive market, running a small business can be ...
Frequently Asked Retirement Questions (With Answers!)
Our team at Trost Financial is constantly asked about retirement ...
How to Maximize your Wealth Management
By: Greg Trost, CEO & Succession Planning Strategist Wealth Management ...