Exit Strategy Seminar for Business Owners

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Business: Business Services
Beltran Properties Group at eXp Realty | Written by Dennis McNabb, Staff Writer

Business owners take note: whether it’s time to consider retirement or it’s time to pursue aspirations in another sphere, selling your business can be a daunting task. It’s not a matter of simply quitting your job, and as a result, many are not prepared to make this transition. In fact, according to exitplanning.com, an estimated 80% of business owners have intentions of retiring within the next 10 years, but only 20% have a viable written exit plan. Regardless of your timeframe, an exit strategy is imperative, and due to the complexity of the process, the sooner you can acquire one, the better. Fortunately, Jaimy Beltran (of Beltran Properties Group), in his attempts to bring more value to his clients and the community at large, has collaborated with Mark Grubbs (of WestPac Wealth Partners) to present a seminar on this very subject.

Failure to Plan is Planning to Fail!

If you are a business owner, and you have any ambitions at all to sell within the next 5-10 years, now is the time to begin making preparations. This is your legacy. In order to preserve what you’ve worked so hard to establish, due consideration must be afforded to the process. It’s not something to be taken lightly, nor should it be rushed. Failing to make adequate plans means planning to fail in a successful transition. Even with a vague plan, if you have not consulted with an actual Certified Exit Planner (CEP) like Mark Grubbs, you may regret that decision.

Leaving your business is inevitable. Every business owner faces this same eventuality. That said, leaving it in the best possible condition for continued success (and placing yourself in the best possible position to reap the greatest rewards) requires adherence to an established set of guidelines and procedures. First and foremost, it requires that you consider finding a Certified Exit Planner (CEP) like Mark Grubbs. Your CEP is your personal advocate; your “quarterback” in this all-important game. You are, of course, still calling all the plays, but they are the ones to help you execute. They are the ones running the team. It is with your CEP’s expert counsel and advice that you will determine your objectives (financial and otherwise), and then be introduced to a larger network of professionals who will subsequently assist in your navigation through the entire process.

Owning and running a business, especially one that you established with your own two hands, is a very personal thing. You have taken great pains to build it up and ensure its viability. Your heart and soul are interwoven in the fabric of its existence, and selling it is an emotional event as much as it is a financial one. Proceeding with that kind of transition should be done on your terms, and without regret. You should feel confident that you’ve made the right choices; that your business and your legacy will remain intact. The best way to do that is to begin now! Find a CEP, build your team, and develop a strategy. Don’t wait another day!

Business owners: whether you are looking towards retirement or just starting out, it’s never too early to start planning for that inevitable sale. Attend the Exit Planning Strategies Seminar on October 24th, from 5:30 – 7:30 pm at the Villebois Community Clubhouse in Wilsonville. Drinks and hors d’oeuvres will be served early with the seminar itself beginning at 6:00pm. Jaimy Beltran of Beltran Properties Group will be hosting in collaboration with Mark Grubbs of WestPac Wealth Partners. This is an important topic that is not discussed enough among business circles. Don’t miss out on this unique opportunity!

Mark Grubbs

Mark Grubbs is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. WestPac Wealth Partners LLC is not an affiliate or subsidiary of PAS or Guardian. Insurance products offered through WestPac Wealth Partners and Insurance Services, LLC, a DBA of WestPac Wealth Partners, LLC. CA Insurance License #1541031 | Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. | 2023-161213 Exp. 09/25 | Jaimy Beltran and Beltran Properties Group are not affiliates or subsidiaries of PAS or Guardian.