{"id":58148,"date":"2019-03-08t15:00:46","date_gmt":"2019-03-08t20:00:46","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=58148"},"modified":"2020-08-06t15:36:53","modified_gmt":"2020-08-06t19:36:53","slug":"liquid-events-and-how-to-approach-them","status":"publish","type":"post","link":"\/\/www.g005e.com\/2019\/03\/08\/liquid-events-and-how-to-approach-them\/","title":{"rendered":"when clients cash out: four smart financial moves"},"content":{"rendered":"
how to put your clients in the best possible position.<\/strong><\/p>\n by anthony glomski<\/em><\/p>\n there are over 28 million businesses in the united states today.<\/em> while the odds of being highly successful remain long, many businesses that do<\/strong> succeed are often worth far more than their owners imagined.<\/p>\n exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p>\n<\/blockquote>\n the main reason for that disconnect is that owners are laser-focused on growing their business; they\u2019re not in the business of buying and selling businesses like investment bankers are. things can change by the week. it\u2019s very myopic to think you\u2019re going to have a finger on the pulse of what\u2019s actually happening in the m&a market. it would be like someone who hasn\u2019t done a tax return in 10 years trying to prepare them during busy season this year. too much has changed.<\/p>\n if you are lucky enough to have highly successful entrepreneurs on your client roster who are preparing for a liquidity event, congratulate them on the impressive results of the efforts and remind them to take a moment to reflect on their accomplishments. now is a critical time in their business and personal life.<\/p>\n as the business owner\u2019s most trusted advisor, it\u2019s time you help them take stock of the key financial challenges they must address as they approach a liquidity event. for starters, the company they built (or run) is likely the single biggest asset on their personal balance sheet. that means they have a number of issues to consider before, during and after the sale of their business. chances are the vast majority of their time and energy has been spent working on the day-to-day operations of their business \u2013 as it should be. they probably haven\u2019t had the opportunity or inclination to think carefully about their exit strategy.<\/p>\n don\u2019t let them wait until the last minute.<\/p>\n now is the time for you and your client to sit down with each other and formulate the right strategies for making the liquidity event process a smoother ride. with the right advanced planning, you will be able to help your business owner clients maximize their personal wealth \u2013 and do so on their own terms, not the buyer\u2019s terms. by identifying the key financial challenges they face and by approaching those challenges strategically, you can put your client in the best possible position to accomplish four important objectives:<\/p>\n if your entrepreneurial clients don\u2019t take the time to get their financial houses in order, they can quickly find themselves eroding the value of their personal balance sheets that they have worked so hard to build \u2013 and potentially suffer from a range of negative financial and emotional outcomes. with that in mind, let\u2019s examine six key financial considerations to address as your clients near a liquidity event.<\/p>\n liquidity events: an overview<\/strong><\/p>\n first, it\u2019s important to note that not all business exits are the same. every entrepreneur (and buyer) has different motivations, financial circumstance and time frames. so when it comes to exit planning, you can\u2019t simply suggest a one-size-fits-all solution. here is an overview of the various types of liquidity events and exit strategies that successful entrepreneurs tend to take:<\/p>\n it is important to note that each of these options, when employed properly, can help owners achieve their liquidity goals and provide the financial freedom to transition successfully to the next stage of their lives. the key is to identify and use the option that is best suited for each owner\u2019s unique circumstances.<\/p>\n the good news: there are numerous resources available to help you do that analysis. for example, you can introduce entrepreneurs to helpful experts with whom you have relationships, such as investment bankers, business brokers, m&a attorneys, private equity firms and venture capitalists, and even financial therapists to help entrepreneurs navigate the psychological components of an exit.<\/p>\n","protected":false},"excerpt":{"rendered":" <\/p>\n how to put your clients in the best possible position.<\/strong><\/p>\n by anthony glomski<\/em><\/p>\n","protected":false},"author":3122,"featured_media":58150,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1905,2732,3120,3002,1906,3139],"tags":[],"class_list":["post-58148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-clients-and-service","category-personal-financial-planning","category-pro-member-exclusive","category-special","category-tax-practice","category-wealth"],"acf":[],"yoast_head":"\n\n
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\nwhen is the last time you transacted the purchase, sale or minority interest of a business? chances are it\u2019s been a long time. a banker who does this all day long knows the appetite of buyers and the appetite of sellers. he or she knows the debt financing market \u2026 all those things that make merger and acquisition activity happen.<\/p>\n\n
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