Exit Planning
Business ownership transitions require thoughtful preparation and execution. For most owners, the business is their most valuable asset, and the decisions made in the years before a sale or transfer determine the outcome. We assist owners in evaluating their options, building value, and preparing for a successful ownership transfer, whether that means a sale to an outside buyer, a transfer to family or management, or a planned succession.
Exit planning typically begins well before a transaction. It involves preparing the company internally, strengthening its accounting systems and financial reporting, restructuring its finances and capital position where needed, and improving the management team so that the business can operate and grow without depending on its owner.
Services include:
- Exit readiness assessment
- Business valuation coordination
- Succession planning
- Value enhancement planning
- Preparation of the business for sale
- Coordination with the owner’s attorneys, CPAs, and wealth advisors
Business Brokerage Services
Charles Herold is a licensed Florida business broker with more than three decades of experience representing owners of Main Street and closely held companies. Through his network of contacts developed over many years, he has access to multiple business broker networks as well as direct contact with private and institutional buyers.
Selling a business
- Confidential preparation of a comprehensive business offering report used to inform and qualify interested parties.
- Buyer identification and confidential marketing of the opportunity.
- Negotiation, due diligence coordination, and transaction support through closing.
Buying a business
- For owners pursuing growth through the acquisition of a complementary business, we help define what makes sense to acquire, then locate and negotiate the purchase on the client’s behalf.
- Independent business assessments for buyers and their lenders.
Whether you are years away from a transition or ready to begin the process now, schedule a confidential consultation to discuss your objectives.