Note: Thomas Deans is the author of Every Family’s Business which the NY Times has listed as one of the ten books every business owner should read. Tom has been an owner of a very successful family business and currently spends much of his time speaking in the U.S. and Canada to groups of business owners. Tom is speaking at… 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.
Businesses with a sole owner range from the local pizzeria to multi-billion dollar enterprises. What will happen to the business in the event of the premature death or disability of the owner? In the case of very small businesses which are wholly dependent on the efforts of the owner, the answer is the business will close. In the case of… Read More
Financing guaranteed by the Small Business Administration is widely misunderstood – and thereby underutilized – by business owners. In 2016 the SBA 7(a) program was authorized for $26.5 billion but only $24.5 billion was actually deployed. The definition of “Small Business” for these purposes includes companies with as many as 1,000 employees in many industries. We will focus here on… Read More