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Business Exit Planning

Every business owner believes their business is worth millions. Yet only a lucky few get to reap those rewards by selling their business to a third party, family member, or key stakeholder. Even fewer have a business exit plan in place for a smooth transition.

You may have a qualified person ready to take over the reins of company leadership, but with no written buy/sell exit plan in place you put your business at risk. It is critical that a buy/sell agreement or business exit strategy be in place prior to a life event triggering a buyout.

TIB Financial Group consultants can show you how implementing a PRSPlan™ can “golden handcuff” your key person(s) to the business. This will allow for a smooth business transition while maximizing the business’s value and maintaining your financial security.

What is the true worth of your company? A realistic evaluation of your company’s value is crucial to making smart business decisions.

We’ll assist in calculating an accurate value of your business and then create our PRSPlan™ to extract that equity at a low cost. In fact, over time, these plans typically increase stockholders’ equity.

With nearly five decades of experience in business exit planning, we can guide you through the process or review your current plans to make sure your business’s legacy is protected.