Business Planning

Integrated business and personal planning

Comprehensive business planning strategies

Transition may be inevitable for every business—but every business has a unique path to follow. We understand the importance of integrating your personal goals and finances with your business performance, so you can feel confident in exiting on your own terms.

A Business Planning Checklist

What's your vision for the future?

Strategic business planning begins with an examination of your current and future goals. Alongside your CPA, attorneys and other advisors, these steps can help ensure your business and personal plans are fully integrated.

  • Define your vision for your personal life and business
  • Assess the financial health of your business through an informal valuation
  • Evaluate your personal financial health to identify gaps
  • Consider options and strategies to grow or exit your business
  • If growing, create a plan to drive business value and improve future marketability
  • If exiting, explore options to sell or transfer your business
  • Build a transition plan and communicate regularly with partners, employees and stakeholders
Our Approach

A three-part assessment

Every business goes through the transition process, and planning with the end in mind is a critical strategy—regardless of your business stage.

How prepared are you to step away from your business?

We'll help you define your goals for life after the sale and support you with a range of financial solutions, including strategies to preserve your legacy and protect your assets.

How are your business and personal finances connected?

Together, we'll analyze your personal and business finances to define your unique income needs in preparation for your transition. We'll help you stress test your retirement plan, guide you through tax-advantaged strategies and review your asset allocation and risk tolerance.

How prepared is your business for your transition?

An informal business assessment and valuation can provide a strong foundation to build the attractiveness of your business. We'll help you explore opportunities to increase valuation, review next-level management retention approaches and discuss unique gifting and transition strategies aligned with your larger goals.

Business Planning FAQ

People often ask us

While every situation is unique, the process can take anywhere from 6 to 12 months. We'll start with a few in-depth discussions, then move into a cycle of implementing changes we've identified and reviewing opportunities to adjust.

As a business owner, your personal and company finances are complex—and intertwined. Understanding your personal goals post-exit can help you define what a successful financial transition looks like to you and provide confidence as you enter the next stage of life.

Business Owner Interest Insights

A few insights for business planning

Business Owner Interest

Stock Redemption Agreements No Longer Reduce Tax Liabilities

A 2024 Supreme Court ruling means death benefit proceeds from company-owned shareholder insurance increase taxable estate value.
The June 2024 Supreme Court decision in Connelly v. Internal Revenue Service held that a corporation's stock redemption agreement doesn't offset the value of life insurance policy proceeds applied to fund the redemption.
Business Owner Interest

Major Update to Small Business Law

The Corporate Transparency Act went into effect on January 1, 2024, and impacts millions of small businesses in the US. Here's what you need to know.
The companies impacted by the CTA are mainly the millions of US-based small businesses with 20 or fewer employees and less than $5 million in revenue.
Business Owner Interest

Tips for Personal Financial Planning Before an IPO

Consider these important questions about the benefits of pre-IPO planning and its impact on your personal financial goals.
If you're within 12 months of a possible initial public offering, or IPO, it's important to take steps towards attaining the best outcome for building your personal wealth.

Ann Lucchesi

Senior Director

Explore more business owner interest insights

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