Who Needs an Advisory Board? Small businesses – say with less than 100 employees and $20 million in sales – often have trouble managing complex transactions. Large companies have an active Board of Directors from which to receive advice, approve major decisions, and exercise a fiduciary responsibility toward the shareholders. When the CEO of such companies is making an important… Read More
You’ve built a successful company and now you’re thinking about life after business. By planning ahead, you ensure that the business you’ve worked so hard to build will pass into capable hands and allow you to retire successfully.
Keystone Business Transitions, LLC (KBT) is dedicated to providing business owners with a customized business transition plan and the tools to facilitate a smooth ownership transfer, enabling you to achieve your financial and non-financial goals.
A business’s value is based on an educated estimate of the future cash flows each owner will accrue. The process involves an in-depth financial analysis, as well as an understanding of the Company’s strengths and weaknesses, its industry position, and its outlook. Future cash flows must be transferable and sustainable in order for the business to have value in the marketplace.
Exit Planning is the holistic approach to designing a strategy that ensures you receive maximum value for your life’s work and achieve your non-financial goals. It encompasses setting exit objectives, organizing a team of trusted advisors, and creating a roadmap to accomplish your objectives.
Your trusted advisors – attorney, CPA, financial advisor, and others – have been important to your success, so they should be part of your exit planning team. As we work with you, we’ll collaborate with your trusted advisors to help you achieve a successful exit.
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Meet Our Founder and President
Don Feldman is the founder of Keystone Business Transitions, LLC, a Lancaster, PA firm devoted to helping business owners smoothly exit their companies. He has been a CPA for over 25 years and a valuation professional for 20 years. For the last 15 years, Don’s practice has focused on succession and exit planning, including transfers of business interests to family members and key employees, as well as sales to outside buyers. Don has earned the designation Certified Exit Planner™ from the Business Enterprise Institute of Denver, Colorado.
Family-owned businesses are the lifeblood of the US economy so family-owned business succession plans are not a luxury but a necessity. Consider the following: Over 50% of the current working population in the United States works in a small business. (Forbes, September 2013) 57% of small business owners are over the age of 50.(Guidant Financial, 2019) 43% of family business… Read More
You have spent blood, sweat, tears (not to mention time, money and sleepless nights) in building your business and now you are looking to cash out. How can you maximize the value of your business in the eyes of a buyer? Preparation. Make sure you understand the current market conditions in the industry and who are the active buyers. What… Read More