Succession Planning Services for Business Owners
We understand your business is more than a livelihood, it’s your life’s work. At Merit Financial Advisors, we help business owners create thoughtful strategies for continuity, succession, and transition designed to safeguard your wealth, lifestyle, and future of your business.
Empower your legacy with tailored succession and transitions strategies.
Running a business leaves little time to plan for tomorrow. Yet without clearly defined succession and continuity plans you put at risk everything you have worked to create. Comprehensive plans protect your business and your family's financial future. We partner with you to transform uncertainty into clarity, and challenges into opportunities.
Our Approach
Business Valuation
Understand how to protect and increase the value of your business.
Business Cash Flow and Net Worth Analysis
Achieve the clarity necessary to make smart decisions.
Tax Strategy
Coordinate your business and personal situation to optimize tax savings.
Owner Transition and Retirement Planning
Plan for a seamless business exit and transition into your post-business life.
Document Review
Align your legal and financial documents with your goals.
Our Process
Define Your Goals
Establish your personal and business objectives.
Explore and Evaluate
Analyze your transition options.
Develop and Implement
Prioritize tactics that maximize the success of a transition.
Monitor and Adapt
Track progress and refine the plan as you and your business evolves.
With a Solid Transition Plan in Place, You Can:
- Achieve greater peace of mind
- Motivate and retain your management team
- Protect the future of both your business and your family
What Our Clients Say About Us
"I can’t stress enough how important it is to get involved in the planning process with professionals as early as possible. The gentle prompting and experienced guidance made me more comfortable that my goals were achievable and uncovered more suitable ways of addressing some of my concerns…"
Karen, Business Owner
"It felt like I never had time to dedicate to planning for the future, leaving me feeling overwhelmed. Afterwards I was able to relax because with each step, I felt like I was making tangible progress. I’ve reached some of my goals, revised some and added new ones. I have a better quality of life and feel more prepared for the ups and downs of being an entrepreneur."