Legacy in Progress
Your Guide to Exit Planning
As a business owner , you ' ve poured your heart and soul into building your company . But have you thought about what happens when it ' s time to step away ? Whether retirement is on the horizon or you ' re simply planning for the future , a well-crafted exit strategy is crucial . Let ' s explore the key steps in succession planning and how we can build this important phase of your business journey together .
Assembling Your Dream Team
Just as you wouldn ' t construct a building without architects and engineers , you shouldn ' t navigate succession planning alone . The first step is forming a transitions team .
Internal Service ( Your Rea Team ) The Quarterback : That ’ s us ! Your lead Rea advisor who will coordinate the entire process . Financial Advisors : This is the rest of our Rea team — valuators , tax specialists , and experienced investment / wealth management partners .
External Services Your Leadership Team : The people in your organization who know your business inside and out . Legal Eagles : M & A attorneys and estate planning lawyers to handle the complex legalities . If you have someone you like to work with , we will be happy to bring them into the huddle . If you want a recommendation , we can arrange that as well . Other Specialists : Bankers , insurance providers , and anyone else crucial to your unique situation .
Our team will help build your enduring legacy . ( See image below ).
Laying the Foundation : Understanding Your Goals
Before we start drawing up blueprints , we need to understand the structure you ' re envisioning . What does success look like for you ? Is it maximizing the sale price ? Ensuring your employees are taken care of ? Leaving a lasting impact on your community ? By setting clear goals , we can tailor the exit strategy to your unique vision .
6