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 There
are three certainties in life - death, taxes and leaving your business. You can
either leave your business on your terms, or you can let fate and inertia
determine where your business ends up - and what that means for your family.
For most business owners, the majority of their net
worth is tied up in their business. A business exit is usually the
largest single financial event in their life. Unfortunately, many business
owners spend more time planning a vacation than they do their exit!
What
does your life after this business look like? More importantly, what do you want it
to look like? If you wait until you are ready to leave your business to start
planning your exit, you will be leaving money on the table. Our mission at
Redtail Advisors is to help you plan your exit in advance, making sure that your
life after leaving the business is as close to your ideal as possible.
It's
never too early to begin planning your exit strategy. The
good news is that you are not on your own. We can help you from beginning to
end, taking your objectives into account. There are many moving
pieces to this, and it requires thoughtful consideration. We help you assemble
the team of experts who can assist in designing a plan that achieves your goals,
unlocks the value you have built into your business, helps you build even more
value, and then helps you keep that
value safe for your retirement - or your next venture.
One
important component of every Redtail strategy is the concept of continually
building value into the business. As veteran business consultants and business
owners ourselves, we use proprietary
technology to help identify and develop value drivers that will not
only provide more money at your exit, but build additional profits into your
bottom line along the way.
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Over
one-half of the 9.5 million private business owners in the U.S. are
reaching retirement age.
