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Downtown Business Advisors, LLC

Transition, Exit and Legacy Strategy & Planning

Exit Planning, a Process

Today’s busy family enterprises are complex and dynamic. Exiting the business and preserving assets requires a strategy and a plan. It’s not a transaction, it’s a process. Legal and tax considerations as well as family dynamics can determine whether transitioning between generations, creating an employee buy-out program or executing an outright sale, provides the best solution.

Downtown Business Advisors, LLC offers strategic planning, advisory and implementation services. Through our planning and advisory services, we help you unlock your wealth and convert the value of your company into cash. We help you build the road map, develop a realistic time table and transition forward. Protect your wealth and minimize your risk with Downtown Business Advisors.

DBA Transition News


DBA White Papers

  • C vs. S Corporation
    I expect to exit my business down the road. What do I do now?
  • Business Continuity
    Making sure your business continues if you do not. Includes discussion on steps after death, loss of employees and customers and moving forward with company loss of financial resources.
  • Business Valuation
    Five reasons you need to know what your business is worth: Establishes your starting line and distance to the finish, tests your exit objectives, provides important tax information, gives you a critical litmus test and provides owners an objective basis for incentive plans.
  • Employee Incentive Planning
    Discusses the need for motivated employees to grow business value and how to do so through equity-based plans, issuing stock, cash-based plans, phantom stock and stock appreciation rights plans.
  • ESOP Opportunities
    Overview of the Exit Planning process, including discussion of the Employee Stock Ownership Plan, how a buyout works, what makes an ESOP successful and various advantages and disadvantages.
  • Exit Routes
    The advantages and disadvantages of each type of exit route and the process that enables owners to choose the best exit path for them. Discusses transfer to family members, transfer to employees via ESOP, sale to key employees, co-owners or a third party, etc.
  • Headwinds
    A look at how headwinds can affect efforts to leave your business in style and what actions you can take to minimize their effects. Headwinds discussed include economy, taxes and ROI.
  • Inevitabilities
    The seven steps of crafting an exit plan: Set objectives/goals, quantify available resources, focus on business value, sale to third party, transfer to insiders, develop a contingency plan for the business, develop a contingency plan for the owner's family.
  • Short Term Key Employee Incentive Planning
    Using short-term key employee incentives to increase sale price. How to attract, motivate and keep key employees in order to sell the business at the highest possible price.
  • Transferring Wealth to Children
    A three-part process to transfer business wealth to children: Fixing the owner's financial objectives before considering a wealth transfer, determining the amount of wealth to be transferred and designing a wealth transfer strategy
  • Transferring Your Company to Key Employees
    Discussion of long term installment sales, leveraged management buyouts, ESOPs and modified buyouts for owners wishing to sell their business to management.
  • Value Drivers
    Whether a buyer will pay a premium price for a business depends upon the efforts of the owner to adopt and implement the Value Drivers. These include a motivated management team, operating systems that improve sustainability of cash flows, a diversified customer base, facility appearance consistent with asking price, a realistic growth strategy, effective financial controls and good and improving cash flow.