The American Academy of Private Practice in Speech Pathology and AudiologyWe've partnered with AAPPSPA to prepare it's members for the single, most critically important financial event of their lives...THE TRANSITION OUT OF THEIR PRIVATE PRACTICE. Planning your business exit is a process that begins 3–10 years before you want to leave. It is a multi-step process that begins with us helping you determine what your successful exit will be. Once your goals are set, we work to make sure your business is transferred to the successor you choose, at the price you want, on a date you choose. Here’s what we can help you with:Setting your unique exit goals.Making sure your business will continue if something happens to you before your planned exit.Increasing the value of your company so you reap a fair value for your life’s work.Creating retirement and asset management strategies that give you the level of comfort you desire.Throughout this process, we work with a team of skilled professionals including an attorney, CPA, and business-valuation expert. These professionals have experience in Exit Planning issues and working with closely-held businesses. We not only bring this team together but also manage the whole process for you by providing you with all the people, tools, and strategies necessary to achieve your successful business exit. What are the Components of an Exit Plan?Having worked with owners to create successful exits, we know that it is critical to answer three principal exit objectives before moving forward with your Exit Plan.How much cash do you need when you exit to support the lifestyle you desire? When do you want to leave the company?To whom do you want to sell / transfer the company?What's Next?Once you determine the primary exit objectives, we develop and implement strategies to accomplish the remaining goals of... Protecting Your Family Prepare appropriate estate planning documents and funding financial needs using insurance to minimize the financial impact of death or becoming permanently incapacitated. Learn More About Protecting Your Paycheck Protecting Your Practice Implement strategies to eliminate the threat of four continuity problems...Loss of business ownership continuityLoss of company's financial resourcesLoss of key talentLoss of employees and customers Learn More About Business Continuity Planning Growing Practice Value The characteristics buyers seek prior to purchasing a company are called value drivers. Value drivers either reduce the risk associated with owning the business or enhance the prospect that the business will grow significantly in the future Learn More About Value Drivers Exiting Your Practice Once you determine who will purchase the business...a Third-Party BuyerChildrenCo-OwnerKey EmployeeWe implement the strategy to maximize ownership value and minimize taxes during the transition. Learn More About Business Succession Planning We offer a complimentary Exit Planning Assessment that will help you see just how prepared you are to move on. The assessment will also identify critical planning issues that must be addressed if you are to leave your business in style. Complete with your contact information to receive a complimentary exit planning assessment Name Email Phone Question Thank you! Oops!