A Personal Message From Our CEO to Small Business Owners
Like you, I am a small business owner who has poured my heart and soul into my business. It’s hard for me to imagine life without Centerline Wealth Advisors. However, we will all one day transition out of our business and begin a new adventure. Exiting a business can be an emotional, confusing, and complicated process. Just thinking about it causes most owners to procrastinate and delay the planning process. Having worked with business owners for years – and being one as well – I understand the concerns and confusion around the best way to begin – and the best way to succeed. So at Centerline we make it easy for owners by introducing them to our Exit Planning program Biz2Beach™.
Our Biz2Beach™ program helps you build value by showing you how to put systems in place to improve performance now, as well as how to reduce the hidden risks most businesses have. Our Exit Planning program has clear steps and deliverables that will help make an oftentimes overwhelming process much more manageable. From developing a financial plan to figuring out how you will pursue your passions in retirement to making sure your legal affairs are in order, Centerline Wealth Advisors helps you take specific steps to plan for your exit, allowing you to enjoy the wealth you have spent a lifetime creating.
Preparing for Your Exit and Beyond
The vast majority of business owners fall short in preparing for their eventual exit. This may explain why 75% of them regret their decision a year after they sell. Once you start the exit planning process you will be ahead of the 49% who have done nothing. With Centerline’s exit planning advisors at your side, we can make sure you are one of the few business owners who is truly ready – and fully prepared – to exit their business… with a plan for what comes next. Since Exit Planning is good business strategy now, the sooner you begin this process, the more valuable it becomes for you and your business.
Freedom Score is a 10-minute, online questionnaire that evaluates your financial readiness to fund the next phase of your life after your business. Freedom Score calculates your Freedom Point – when the sale of your company will generate enough to fund your desired lifestyle for the rest of your life. Discover how to reach financial independence, de-risk yourself financially, and live worry-free in the next chapter of your life. Get Your Freedom Score.
Exit Planning Articles & Whitepapers
In the early days of Airbnb, co-founder Brian Chesky went to surprising lengths to gather customer feedback. He would stay with Airbnb hosts to experience the platform as they did,...
What Makes You Tough to Compete With? It’s that thing customers value but competitors can’t seem to match. For Apple, it’s their integrated ecosystem of devices and services. Apple’s ecosystem...
From Gretzky to Popovich: What Sports Legends Teach Us About Business Value Have you ever wondered why some athletes struggle to transition from player to coach? This challenge isn’t just...
How First Impressions Can Impact Your Company’s Value When potential acquirers first evaluate your business, most will quickly categorize it into a specific industry. This initial classification can significantly impact...
Who does the selling inside your business? If you’re involved, your business will be less valuable than if you weren’t. Investors and acquirers are reluctant to invest in a business...
Big vs. Valuable Most founders aim to boost sales, but prioritizing top-line growth can attract low-quality revenue, potentially reducing your company’s value. To an acquirer, revenue quality varies. They prioritize...
Growth vs. Value We live in a business world where growth is worshiped. Entrepreneurs measure themselves by how many people they employ. Many founders dream about making lists whose sole...
Just Add Capital If you’re looking to attract an investor or an acquirer one day, expect them to dig into your sales and marketing process. If you’re a company that...
The Switzerland Structure One of the eight factors that impact the value of your company is something the team at The Value Builder SystemÔ refers to as “The Switzerland Structure,”...
In the competitive third-party logistics (3PL) sector, Jay B Sauceda turned Sauceda Industries into a standout business, ultimately reaching $14 million in sales before being acquired by Cart.com. His secret...
If you aspire to build a valuable company, one crucial factor is to ensure your business can operate independently without your constant involvement, but embarking on this journey can feel...
French economist Jean-Baptiste Say characterized an entrepreneur as one who “shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.” This...
INTRODUCTION A Louisville business owner in her early 60’s in the software/services industry was looking to sell and begin her retirement. She had created and operated a successful company that...
The initial impression customers have of your business often influences how much they decide to spend with your company. This is well known, but have you ever considered how first...
How Are America’s Businesses Faring? Ask a Financial Advisor
Transforming a distributor or reseller into a valuable company may seem like a daunting task. Distributors are usually not worth very much, because an acquirer reasons that without a point...
Last month, Darden, the owner of the Olive Garden restaurant chain, announced it was acquiring Ruth’s Chris, the legendary American steakhouse, for $715 million, implying a valuation of around one...
Do your customers ever ask that you personally get involved in their account? If so, one of the best things you can do to improve the value of your business...
Give us a call at (502)242-1561 or send an email to info@centerlinewealth.com if you would like to learn more about how we can help you meet your goals.