Buy, Sell &
You started your company 20 years ago “in your garage” working many 80 hour weeks, you have watched with pride as your business has grown, and now your are considering your exit. Many business owners are so busy running their companies that they never seem to have time to plan for exiting the business.
Preparing a business for sale is very different than managing it. It takes time to properly prepare a business for sale to get the highest price. Business owners should start creating an exit strategy at the earliest possible opportunity.
How do you put a value on the business? Understanding the sale price of your business is based on what someone else is willing to pay for it. Periodically having a valuation prepared is a good way to help determine what you need to do in order to reach you goals.
At Kirsch, we can help you:
- Define an exit strategy that meets your financial and personal goals
- Develop a buy/sell agreement to minimize risk and maximize profitability
- Assess valuation of ownership interests to remove uncertainty and allow for proactive planning
- Develop well structured redemption, cross purchase or hybrid agreement to reduce adverse tax consequences
About Kirsch CPA Group
As a business owner, you started your own business because of a passion and today you have a successful and thriving business. Starting and running your own business is one of the most exciting and rewarding choices you've made, and now it's time to take it to the next level.Our Approach