Getting Out Gracefully: The Comprehensive Guide To Building And Exiting Your Family Business

Getting Out Gracefully: The Comprehensive Guide To Building And Exiting Your Family Business

by Garrett Hurley
Getting Out Gracefully: The Comprehensive Guide To Building And Exiting Your Family Business

Getting Out Gracefully: The Comprehensive Guide To Building And Exiting Your Family Business

by Garrett Hurley

Hardcover

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Overview

What does getting out gracefully mean to you?
Like other workers, you will one day leave your company behind. But as the one who has painstakingly built the organization, the effects of that departure on you and your family will be profound. And as your company’s owner, your departure will also impact those you employ: your management team, rank-and-file employees, customers, even your vendors. Beyond retirement itself, consider the legacy you’ll leave. Beyond the estate left to your family, you’ll very likely want the success you’ve built to benefit others, even after you’re gone.
Concerns and responsibilities like these can complicate the exit strategy of even the most careful and conscientious company owner or entrepreneur. Seeing them through successfully is what author Garrett Hurley calls the Getting Out Gracefully process. Getting out of your business gracefully is the requisite capstone to a life well lived, and he’s written this book for leaders who share this belief.
In Getting Out Gracefully, you’ll discover the essential steps of the system Hurley personally developed and implemented for coordinating the graceful, effective business—and personal—retirement transitions of countless company owners and entrepreneurs. Remember, if you don’t begin with the end in mind, that end can look very different than you hoped.


Product Details

ISBN-13: 9781946633095
Publisher: Advantage Media Group, Inc.
Publication date: 08/06/2019
Pages: 192
Product dimensions: 6.00(w) x 9.25(h) x 0.50(d)

About the Author

GARRETT HURLEY, founder of Brix Wealth Management, is a respected financial planner with over ten years of experience. He is currently certified as a Chartered Life Underwriter (CLU®), a Chartered Financial Consultant (ChFC®), and a Chartered Special Needs Consultant (ChSNC®). He is also a Certified Private Wealth Advisor (CPWA®) with advanced knowledge about the unique planning needs of the ultra-affluent.

Table of Contents

FOREWORD The Only Question That Matters Creating Wealth Set Your Objectives Maximize Your Company’s Value Minimize Your Company’s Risks Increasing Wealth Invest Based on Market Reality, Not Hype Keep Corporate and Income Taxes Low Minimize Business Transfer, Estate, and Legacy Taxes Getting Out Gracefully Cashing Out: Your Liquidity Event Asset Protection: Assuring Your Wealth Is Safe Who Gets What? Beneficiary Designation and Charitable Giving ACKNOWLEDGMENTS ABOUT THE AUTHOR DISCLOSURES BIBLIOGRAPHY

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