Strategies To Know Before You Transfer or Sell Your Business

Every business should be managed as if it is being positioned for sale.

Some businesses are transferred to family members or sold long before the owner planned because of the unexpected – a surprise strategic offer, disability, divorce, dysfunction, or death.  Are you prepared?  Being well prepared in advance of transition allows you to position for a larger check, pay less tax, and safely retire while growing your family legacy.

Business Sale Readiness Assessment

Past Web Event Topics

Prepared In Advance

  • Minimize the amount of income tax you pay by selecting IRS election options required before the transaction is completed
  • Reducing buyer risk increases what they’re willing to pay
  • Be prepared in advance for due diligence. (28 page list for all attendees)

Packaging to Sell Your Business

  • Forensic accounting techniques used to demonstrate future cash flows to the new buyer
  • The value of an Executive Summary and Offering Memorandum
  • What’s needed for a private auction to bid up your selling price

Evaluating Letters of Intent

  • How do you evaluate one buyer from another
  • Methodologies to compare offers of differing amounts and terms
  • Income tax impact from the Asset Purchase Agreement

Web events are a great way to learn more about all that should be done well in advance of your decision to actually find a new growth capital partner, or a buyer for your business.

  • Web meeting are confidential. All you need is a computer, an internet connection, and a phone or a computer headset.
  • Any number of people can attend from where they are so it’s easy for your spouse, financial planner, CPA, or lawyer to join in without traveling anywhere.

Get in Touch

At The Burns Firm, our team of professionals will be glad to be of assistance to you.