A question we are often asked by business owners in the exit planning process is similar to the following: “Would it be more financially beneficial for me to sell my shares to a strategic buyer or to sell my shares to an employee stock ownership plan and elect tax...
Eventually, every business owner will exit his or her business – whether voluntarily or otherwise. At that time, every owner wants to accomplish certain personal, business, financial, and estate planning goals. Most fail to do so. According to a number of surveys,...
Employee Stock Ownership Plans give your employees a slice of the ownership pie. When it comes to deciding upon an exit strategy, owners of closely held businesses have a lot to think about. Faced with the frightening prospect of turning over the business they have...
You’ve owned your business for years. You’ve grown it, nurtured it and now the time might be approaching for you to move on. After so many years even if the thought of transitioning your business hasn’t entered your mind, it is time to start planning for ownership...
Whether selling your business or engaging in a transaction that requires a valuation, knowing what your company is worth will give you a competitive edge. As a business owner, obtaining a business valuation, or appraisal of the company’s worth, is perhaps one of the...
There are several paths you can take when it comes time to transition ownership of your business. How do you determine which one is right for you? For an owner of a closely held business, few questions require as much soul‐searching as the issue of whom to transition...
If you’ve ever sold a home, you know how complicated it can be – the seemingly endless paperwork, the frantic attempts to clean the house before a last‐minute showing, the frustrations of negotiation. Selling a business is even more complex – and unlike residential...
For the owners of closely held businesses considering ownership transition, the number of ownership transition options available may not be known. Options can include a sale to a third party, a management buyout (MBO), transition to family, or an Employee Stock...
We've worked with Jamie for about a year, and he's been fantastic to deal with; they all are at First American - but Jamie has been truly outstanding. He was an excellent choice to do the second round of our bank financing, he handled our case quickly and...
Our company was very fortunate to find Nina when we did. We had been working with a different company on our 401K plan, taxes and compliance and had been looking for an alternative. Nina came to our aid to make sure we met all our regulations and filed our 5500 taxes...