Business Succession In Arizona
- Guide owner/founder through entire business readiness and operational processes preparing the Company for an eventual liquidity event, during a business sale process and through handover/integration
- Provide CEO business coaching 1:1 to assist in the navigation through potential obstacles and/or trying times
- Assist in any potential sensitive managerial/leadership issues that may arise
- Assess operational and financial readiness
- Strategically assess all financial aspects, which include assets and/or real property, to determine optimal outcome for client
- Establish, lead and/or coordinate external independent services to provide Quality of Earnings report
- Assess commercial real property and/or buildings to determine if these items may or may not convey based upon financial short-and long-term analysis
- Coordinate real estate appraisals, as appropriate - Review or lead in 3 yr. strategic plan and initiatives to support future business case
- Work with Company to devise strategies aimed at improving the overall value of the organization
- Work with business and finance team reviewing/developing 3-year projections - Strategically determine best financial short and long-term planning for Principal of Company
- Establish, lead and/or coordinate corporate and individual tax strategies with independent tax/public accounting firm
- Introduce personal investment bankers for post-sale investments
- Introduce tax, estate and investment attorneys as needed
- Strategically discuss and mitigate short-and long-term tax implications and assist with suggesting limited liability consequences - Assess the strengths, weaknesses, opportunities, and threats of the organization
- Review organizational structure
- Interview/meet with key employees, partners, and customers in order to appropriately
- Review financial processes and reports
- Analyze financial stability and operational leadership
- Review business and financial models to determine recurring revenue algorithms and any other factors driving sales price of Company - Provide leadership and direction to compile due diligence information for potential buyers
- Review Company’s due diligence information to ensure accuracy, appropriateness, and cleanliness
- Review/prepare for potential red flags or concerns - Strategically determine communication plan, both internally and externally, when appropriate
- Assist in sourcing all necessary additional resources to ensure transaction success
- Oversight of the entire relationship between client, the investment banker and any additional resource being used throughout the process. - Lead relationship with Broker or any other firm that may also be representing Company throughout this engagement to reduce distractions to running the business - Review marketing materials Broker will be presenting to potential purchasers for accuracy and comprehensiveness
- Meet with and/or introduce investors, private equity firms and other venture capital organizations to be considered as potential acquirors or centers of influence
- Review purchase offers and provide opinion or negotiation alternatives
- Financial analysis of best post-tax optimal plan for Principal
- Provide independent analysis of bids/sale price outcomes with pros/cons - Provide leadership and direction to perform due diligence on potential purchasers
- Determine best consultative role for Principal and other leaders post-acquisition
- Provide leadership and direction to develop handover transition plan post-sale