According to Paul Simon, there are 50 ways to leave a lover. Not being as creative as Mr. Simon, we’ve only come up with eight ways for owners to leave their companies: (1) Transfer the company to a family member; (2) Sell the business to one or more key employees; (3) Sell to key employees using an Employee Stock Ownership… 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.
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.
Business owners engaged in business exit planning are able to react more quickly to new events. Unfortunately, owners often fly without Exit Plans, co-pilots, or maps to help them when storms force them to alter course toward their business exits. If an unanticipated event arises (such as a deterioration in the economy), they shelve their exit planning thinking (and thinking… Read More
No experienced buyer purchases a company without knowing everything possible about it; this learning process is known as “due diligence.” Buyers like the process, and sellers do not. By viewing the opposing viewpoints on due diligence, you can understand why. Due Diligence – Buyer’s Viewpoint (1) The buyer assembles a team of experts including but not limited to an accountant,… Read More