CASHING OUT

Cashing out is the process of converting the built-up equity inside a business into cash with the goal of realizing and retaining optimum value from all business assets. Selling a company is the biggest financial decision a business owner will ever make, and this decision is even more important for a retiring entrepreneur due to having unique and complex advisory needs. An expertly designed and executed cashing out plan creates a fluid business selling process that is consistent with an owner's vision and accomplishes his or her financial and personal goals... Furthermore, due to the aging of the baby boomers, we are at the precipice of the largest business transition in history, with millions of entrepreneurs seeking to monetize business equity. Deloitte & Touche recently reported that, "71% of small and mid-sized enterprise owners plan to exit their businesses over the next ten years."¹ Because only 30% of family businesses survive to the second generation and just 15% survive to..

Primary location: Naples United States