Exit Planning

A good business advisor will tell you that exit planning is crucial for today's business owner. Ideally, you started planning your exit strategy the moment you created or took over your business.

In reality, a very small percentage of business owners will plan the sale of their business early in the game;  a somewhat larger percentage will begin to consider their exit or succession planning in midlife or as they begin to foresee their retirement life. Many business owners begin exit planning strategy when a significant event occurs, such as the death of a business partner, a personal health crisis or an unexpected opportunity to sell the business for a profit.

No matter where you are in the cycle as a business owner, an exit or succession plan is important to you today. 

Wall, Einhorn & Chernitzer offers advisory services for family and small business succession and exit planning that can help you achieve a smooth transition between you and the future owners. With our guidance, succession planning can be a beneficial, rewarding process, not a cataclysmic event. We can:

• Help you define and set your unique, personal goals
• Prepare the business for sale or internal transfer
• Identify and prepare a successor, or find a suitable buyer
• Put insurance strategies in place to protect your family and support the business if something happens to you before your planned exit
• Develop beneficial tax strategies
• Assess the value and marketability of your business
• Create appropriate buy/sell agreements
• Find ways to enhance the value of your business so you obtain a fair value
• Develop retirement and asset management strategies that deliver maximum value to you and your family

For further information contact:

Paul G. DiNardo, CPA
Shareholder

Paul DiNardo has over ten years of extensive tax experience with an international accounting firm. He has over 25 years of consulting experience with companies that range in size from start-ups to public entities. Paul specializes in business mergers and acquisitions; corporate and partnership taxation; and strategic exit planning for owners of closely held businesses. Additionally, he also has served as Chief Financial Officer for a multi-state telecommunications company.

Contact Paul G. DiNardo