• SantaAna-Logo.jpg

  • Hot Deal

    Complimentary copy: The Exit Planning Process
    The Exit Planning Process-(For Closely Held Business Owners)
    The findings* will allow owners to compare their progress to a summary of these

    exit and succession efforts. The survey uncovered several interesting

    findings, including:

    • 94% of owners say they don't have an exit strategy in place, a slightly higher percentage than in previous


    • 78% want to exit their business in less than 10 years

    • Selling to management or selling to family members is the most likely exit strategy in owner's minds.

    • Grooming a successor remains the highest priority for exit. However, developing a written succession plan

    and discussing exit plans with family who are not in the business are seen as larger obstacles than in the


    • Hiring a broker/investment banker to sell the business and seeking financing for buyers are seen as more

    important pieces of the plan than in previous years.

    • Personal retirement preparation is still a critical issue for most owners, yet only 21% have an idea of what

    they will need to retire.

    • One of the new questions we asked in this edition was regarding owners’ confidence in their strategies to

    reach their exit planning goals. Of those who felt more confident, 37% answered they felt more condent

    because their business is growing and 32% felt more confident because they felt the economy is better.

    If you are concerned at all about where you stand as it relates to your exit from your business, please contact

    us. There are steps that every business owner should be taking to prepare for their exit. We can guide you

    along this path and help you address the critical issues and potential solutions in this important process.

    *Findings are a result of an extensive survey of small to medium sized business owners completed by Tax & Financial Group in 2017.

    Tax & Financial Group – 4001 MacArthur Blvd., 3rd Floor – Newport Beach – CA 92660.  Securities and investment advisory services offered through Securian Financial Services, Inc., Member FINRA/SIPC. Securities dealer and registered investment advisor. Tax & Financial Group is independently owned and operated. 2040294 DOFU 03-2018

    Contact Information
    phone: (949) 223-8411
    Offer Valid: February 1, 2018January 1, 2019
    Santa Ana Chamber of Commerce


  • The Latest News

    Content goes here!