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DISCLAIMER: The information provided as education only. Neither the presenter nor ENNIS Legacy Partners is engaged to render legal, accounting, or other professional services. Consult a qualified professional for advice specific to your situation. ENNIS Legacy Partners assumes no legal liability for any loss related to information contained in this presentation.

Align Key Employee Incentives With Your Goals For Building Value & Exit
Build Transferable Value, Exit Planning, Business Valuation Pat Ennis Build Transferable Value, Exit Planning, Business Valuation Pat Ennis

Align Key Employee Incentives With Your Goals For Building Value & Exit

Emily has been in business for 10 years and has plateaued in both revenue and profitability. Her exit planning advisor Mary has learned that she wants to exit in 5 years and how much $$$$ she will need net of taxes in order to exit successfully. An estimate of business value has revealed that her business is worth about 50% of what it will need to be worth for Emily to head off to Hawaii in 5 years in the way she wants to.

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Aligning Employee Incentive Plans with Owner Goals
Build Transferable Value, Succession Planning, Business Continuity, Business Valuation, Exit Planning, Sale to Insiders, External Sale Pat Ennis Build Transferable Value, Succession Planning, Business Continuity, Business Valuation, Exit Planning, Sale to Insiders, External Sale Pat Ennis

Aligning Employee Incentive Plans with Owner Goals

Sarah wanted to exit in 5 years and had learned through planning and analysis led by her exit planner what “her number” was, as well as an objective estimate of the value for her business. She was pleasantly surprised to find that the financial gap for making her post-business dreams happen is not insurmountable. At the same time, she is aware that growing the value of the business (Sarah’s largest asset) will be necessary to close the existing gap.

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An Often Neglected Means Of Protecting Business Value
Build Transferable Value, Business Continuity, Exit Planning Pat Ennis Build Transferable Value, Business Continuity, Exit Planning Pat Ennis

An Often Neglected Means Of Protecting Business Value

One of the compelling and common characteristics of successful owners is their optimism.  Their “glass is always half full” attitude results in the risk-taking, perseverance, and innovation it takes to build and grow a successful business.  And, like it is with any personal strength, this strength of optimism can quickly become a weakness when there is a need to plan for the gloomy business contingencies of death and disability.  What happens to the business due to either of these less than optimistic events is probably the last thing an owner wants to think about.

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