Feldmeyer Financial Group

Financial Planning and Investment Management in Dayton, OH

937-907-6501

Small Business Advice & Exit Planning

There’s a difference between working in your business and working on your business. As a business owner, you are asked to be an expert in all areas surrounding your business. What you need is a financial specialist.

Below is our approach that integrates your business plan into your personal financial plan.

Our Exit Planning Process

Depending on where you are today, our process may include:

Reviewing your business goals and objectives

A financial assessment of your business

Risk management

Tax reduction strategies

Compensation and retirement plans

Estate and wealth transfer strategy

Ongoing implementation

Who This Is For

This specialization is built for business owners who are starting to think about the next chapter, whether that’s five years out or five months out. That includes owners considering a third-party sale, a transition to family members, an internal buyout by employees or partners, or simply want a stronger financial foundation under the business as it grows.

  1. Third-party sale
  2. Transition to family members
  3. Internal buyout by employees or partners
  4. A stronger financial foundation

Key Takeaways

01

Exit planning works best when it starts years before an actual sale or transition.

02

A sound exit plan connects your business’s financial health to your personal retirement and estate goals.

03

Tax strategy, risk management, and succession planning should be coordinated, not handled separately.

Frequently Asked Questions

When should I start exit planning for my business?

Most advisors recommend starting three to five years before your target exit date. Starting early gives you time to address tax exposure, strengthen the business’s financials, and line up the right succession path. It’s never too early, and it’s rarely too late, to begin the conversation.

What’s the difference between exit planning and succession planning?

Succession planning focuses on who will lead or own the business next: family, employees, or a third party. Exit planning is broader. It includes succession, but it also covers the financial and tax strategy behind the transition, and how the proceeds fit into your personal retirement and estate plan.

Do I need an exit plan if I’m not planning to sell for years?

Yes. An exit plan isn’t just for the sale itself. It also helps you make better decisions now, around compensation, entity structure, and key-person risk, that make the business more valuable and easier to transition whenever the time comes.

Can you help with family business succession, not just a sale to an outside buyer?

Yes. We work with owners on third-party sales, employee or partner buyouts, and family succession, and help coordinate the financial and tax strategy for whichever path fits your goals.

How does exit planning affect my personal retirement plan?

For many business owners, the business is their largest asset. Exit planning connects the value you build in the business to your personal retirement income and estate plan, so a sale or transition supports the life you want afterward.

Schedule a Consultation

Business succession often goes hand in hand with Legacy & Family Wealth Transfer Planning. You can also learn more about our planning approach.

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