Step one of Life Plan Strategies for Your Business is to understand and project your goals. The tools available will help initiate the conversation around business exit and succession planning as well as begin the information gathering process. A sample of the Life Plan Strategies Inventory is shown below.

The Needs Analysis step in Life Plan Strategies for Your Business will focus on aligning your retirement, business, and life goals. A sample Conversion of Value is shown below.

The Value Your Business step in Life Plan Strategies for Your Business consists of a three-level strategy that incorporates different levels of analysis. A valuation is critical to properly prepare for the business exit or succession process. A sample Estimation of Value is shown below.

The Define Marketability Strategy step in Life Plan Strategies for Your Business provides concepts and resources to help create a more marketable business. The focus is on strategies tying key employees to the business. Furthermore, we have a relationship with a mergers and acquisition advisor that will help when selling a business to a third party. A sample of the deferred compensation piece is shown below.

The Design Optimal Solutions step in Life Plan Strategies for Your Business can help provide different business exit options to help you decide what is best for your unique situation. A sample of the Selling to Co-Owners concept piece is shown below.

The Implement and Monitor Plan step in Life Plan Strategies for Your Business provides a tool that can be used to review and track the progress of a business plan. This tool will help everyone remain on track and working toward a common goal. A sample Client Timeline is shown below.