Exiting business ownership represents one of the most significant personal and financial milestones in your life. At Raich Law, our mission is to make this transition as rewarding and profitable as possible. Whether you’re considering selling your business now or in the next decade, it’s crucial to develop a strategic plan to enhance its value and achieve the best return on your life’s work.

Our Proven Exit Planning Method

Exit or pre-sale planning involves creating and executing a personalized strategy that allows you to leave your business on your own terms. Raich Law utilizes the established Seven Step Exit Planning Process to achieve this goal:

• Align owner objectives with business and personal financial resources
• Assess business and personal assets
• Develop strategies to maximize and safeguard business value
• Plan for transferring ownership to third parties
• Plan for transferring ownership to insiders
• Create a business continuity plan
• Address personal wealth and estate planning considerations

This comprehensive process – including discovery, strategy, and implementation – puts you in charge and provides a detailed roadmap based on your responses to these critical questions:

• Do you know your desired exit timeline?
• Are your retirement goals clearly defined, and do you understand the monetary requirements to achieve them?
• Do you know your business’s current cash value?
• Are you aware of what buyers seek in your industry?
• Do you understand how to sell your business to a third party with minimal tax impact?
• Do you know how to transfer your business to family, co-owners, or employees while minimizing taxes and ensuring financial security?
• Do you have a contingency plan for unexpected events affecting your business?
• Do you have a strategy to secure your family’s financial independence in case of unforeseen circumstances?

Our planning approach is collaborative, involving coordination with your existing attorneys, CPAs, and other trusted advisors. Often, exit plans include elements from our additional services, such as Mergers & Acquisition Services, Value Enhancement Services, and Valuation Services.

Contact Raich Law at 702-758-4240 or complete the contact form below to begin crafting a successful exit strategy and secure your future financial success.