Many of today’s business owners are nearing retirement and will soon discover a major disconnect between their current financial status and what they may actually need for retirement. Most bu
siness owners have not considered alternative investments because they have been busy managing the day-to-day operations. It is only when they determine that it’s time to retire and realize that the proceeds of the business may not provide for their ideal retirement lifestyle.
As a CEP private partner, we educate you on how to extract hidden business value providing new sources of capital to diversify into private equity assets. Self-directed IRA, solo 401K, SEP and SIMPLE are retirement vehicles that are excellent wealth building options for small business owners. The vehicle allows you to take control of your retirement planning by investing in non-traditional investments that have higher yield potential.
Plan Your Business Exit Now,
While Time is On Your Side.
In addition to growing small-to-medium sized business retirement accounts, we are well positioned to assist the business owner in developing an overall exit strategy plan. Business owners today are faced with many challenges when deciding how to maximize the value of their business for retirement or when unexpected circumstances arise.
Like our team philosophy approach for maximizing the value of an income producing property, business owners can also benefit from securing a trusted advisor that will develop and coordinate the flawless execution of a personalized business exit plan. Statistics show that 40% of small-to-medium sized business owners are planning to leave their business in the next 5 years. This is motivated by the fact that 30% of small business owners are over 50 years of age with this rate increasing annually.
Baby boomers will Flood the Market.
Will You be Ready?
The goal of the exit planning process is to develop a customized comprehensive plan to achieve a successful business exit. This process uses an owner’s personal objectives to convert his or her current reality into the desired outcome. The exit planning team helps maximize the financial return, minimize tax liability, plan for contingencies and increase the likelihood of a successful business sale or transfer.
Unquestionably, as baby boomers near retirement and the average age of business owners increases, the laws of supply and demand will come into play. In such a crowded marketplace, business owners will need to present their businesses in an appealing, professional manner to stand out from the competition and achieve the maximum return.
A comprehensive business exit plan seeks to maximize the value derived from the sale or internal transfer of your business, while CEP’s proprietary passive alternative asset model (PAAM™) can help protect and preserve your wealth. Check out our Wealth Alliance Partner program and our white paper on “Exiting your business in style, while creating tax free generational wealth.” (405) 259-6085
