Business Exit Planning
Let SR Allison, Ltd. simplify the complex steps required to implement your exit plan strategy. We put you and your business in very capable hands with highly motivated professionals and work with you to determine the exit strategy that is right for you and your company. Our approach relieves you of the responsibility of coordinating and directing the day-to-day activities of your plan and reporting all progress in a simple format. This allows our clients to focus on running their business while planning their retirement.
Keeping Ownership "In the Family"
You have a great emotional stake in your business' future, which is why you may want to consider keeping the business in the hands of someone with the same emotional attachment. Designating the appropriate family member is key to ensure your business' livelihood, and making sure the family member takes part in the exit planning process will help ensure a smooth transition.
Sell to Other Shareholders
When you are ready to leave but other co-owners are not, a buyout agreement could be necessary to determine how shares in a business can be bought and sold and by whom.
Sell to Management (MBO or "Management Buyout")
If a management team takes over your business, they will likely have a commitment to making it work. Additionally, they already know the business from top to bottom, thus avoiding an adjustment period with a possible dip that might occur if an outside person takes over. With a MBO, your business is not "up-for-sale" for a lengthy period, avoiding a drop in value and lingering uncertainty for the staff.
Employee Stock Option Plan
An ESOP is one of the best ways to create liquidity and maximize the tax advantages available to you while staying in control.
Sell to a Third Party
Gain the input required when considering selling to a third party, and ensure your infrastructure is adequate enough to support your business once you leave it. Take geography, product base, facilities and competitive interest into account, and learn more about what a prospective buyer may look for.
Refinance or Recapitalize
Restructuring a company's debt and equity mixture to provide liquidity for the stockholders.
Go Public
Issuing an IPO can give yourself and your investors a way to retrieve some of the money you've put in, but the size of your business is key in determining if going public is the right answer.
Liquidate
While liquidation may be considered easy and negotiation free, assets often must be used to repay creditors, and the legacy of your business remains only a memory. Your reputation could be deemed as destroyed or ruined.