Exit Planning

Leaving a Real Legacy – Business Succession Planning

At Casey D. Conklin, we understand that as a business owner, you've invested significant time, energy, and resources into building your company. But what happens when it's time to move on? Exit Planning is the strategic process that empowers business owners to set, sort through, and achieve their exit objectives. Whether you're planning to retire, pass on the business to family members, or sell to a third party, our Exit Planning services can help you navigate this crucial transition period with confidence.hy Exit Planning Matters?

Ensuring Continuity for Your Business

After you're gone or in the event of your incapacity, your loved ones, family, business partner, clients, vendors, and others will deeply feel your absence. It's essential to ensure that your business can continue to operate smoothly to support them. Our Exit Planning services are designed to help you create a seamless transition plan that ensures the continuity of your business operations, even in your absence.

Leaving a Meaningful Legacy

You have the opportunity to leave behind a legacy that goes beyond financial success. By carefully planning your exit strategy, you can ensure that your business continues to thrive and make a positive impact in the lives of your employees, customers, and community. Our team will work with you to develop a plan that reflects your values and vision for the future of your business.Our Approach to Exit Planning

Collaborative Exploration

We believe that Exit Planning is a collaborative process that requires open communication and a thorough understanding of your goals and priorities. Our team will work closely with you to explore various scenarios and identify the best course of action for your unique situation.

Comprehensive Analysis

We'll conduct a comprehensive analysis of your business, financial situation, and personal objectives to develop a tailored exit strategy that meets your needs. Whether you're interested in family succession planning, selling to a third party, or exploring other options, we'll provide you with the guidance and support you need to make informed decisions.

Access to Qualified Advisors

Navigating the exit planning process can be complex, which is why we partner with a network of qualified advisors who specialize in various aspects of succession planning. From legal and financial experts to business valuation professionals, we'll connect you with the right professionals to ensure a smooth transition.

Our Exit Planning Service

Business Valuation

Understanding the value of your business is the first step in the exit planning process. Our team will conduct a comprehensive business valuation to determine the fair market value of your company, taking into account factors such as financial performance, market trends, and industry benchmarks.

Exit Strategy Development

Once we have a clear understanding of your business's value and your personal objectives, we'll work with you to develop a customized exit strategy. Whether you're planning to sell to a third party, transfer ownership to family members, or explore other options, we'll help you create a plan that maximizes value and minimizes risk.

Tax Planning

Taxes can have a significant impact on the proceeds of your business sale or transfer. Our team will work with you and your tax advisors to develop a tax-efficient exit strategy that minimizes your tax liability and maximizes your after-tax proceeds.

Legal Support

Navigating the legal complexities of exit planning requires expertise in various areas of law, including estate planning, business law, and tax law. We'll work closely with your legal advisors to ensure that all legal aspects of your exit plan are properly addressed and executed.

Family Business Succession Planning

Passing on a family business to the next generation requires careful planning and preparation. Our team has extensive experience in family business succession planning and can help you navigate the unique challenges and opportunities associated with transitioning ownership to family members.t Started with Exit Planning Today

If you see ownership change in your future, we're here to help you plan a successful business exit. Take the first step by contacting us to schedule a consultation. Our team will review your situation and develop a customized exit planning strategy that meets your needs and objectives. Don't leave the future of your business to chance—partner with Casey D. Conklin for expert guidance every step of the way.

Our Story

We will explore together what can we do today to ensure your business can and will continue to serve you and your clients well whether you are on vacation, taking a health break, or when you pass it on to loved ones after you are gone.

If you see ownership change in your future, we can help you plan a successful business exit. We can help you answer the seven planning questions located on this page and identify qualified advisors to help you through the process.

Meet The Team

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SPOTLIGHT: Casey Conklin – with the Law Offices of Casey D. Conklin

By Mark Imperial

In this segment, meet Casey Conklin, with the Law Offices of Casey D. Conklin.

This series is about the state of Selling, Buying, and Exiting a business in today’s economy.

Planning Protecting and Preserving Rural America

The farmer/rancher succession or exit planning industry is at a crossroads. Your farm or ranch probably isn’t. At least not today. But the decisions you make today make all the difference in how you navigate the crossroads moments to come – and they’re likely to be heavily and negatively affected by how so called “succession planners” advise you.

This report is about empowering you to create, maintain and implement a successful exit or succession plan, a plan that will actually work.

7 Steps to Leaving Your Business "In Style"

Creating, Maintaining & Implementing A Transition or Exit Plan that Works

This report is about empowering you and you to create, maintain and implement a successful exit or transition plan, a plan that will actually work. No matter how you’re currently positioned my goal is to help you begin the process of putting together a plan that works for you and your business – and the time to start is now!

You may be a newer business owner with few issues but a lot of responsibility. Perhaps you are a pre-retiree finally building the worth of your company to a point to where you can begin to transition our of your business or change the relationship you have with your business now that the kids have been educated. You may have very specific concerns like transferring a business or a farm, handling complex assets like retirement plans, or leaving a charitable legacy. In every case, NOW is the time to get started or to update any planning you’ve done before.

Sell or Transfer Your Business

When You Want • For the Money You Want • To the People You Want

Creating a successful transition or exit from your business requires planning. You want to minimize your risk and stay in control. The good news is you do not have to do this all alone. Sell or Transfer Your Business serves as an authoritative guide to help you work with your advisors to create a plan, leave your business in good hands, reward yourself and your family for years of effort, and live the rest of your life in a way that gives it meaning.

BEI Podcast with James L. Moore

James discusses balancing your estate plan, exit plan, and personal plan to ensure that your priorities are met, and your exit is successful.

From Successful to Significant:

The Framework for a High Value Business Transaction

From the Exit Planning Institute: This whitepaper dives into the Value Acceleration Methodology. A framework created by entrepreneur, advisor, and author, Chris Snider. Read in-depth interviews and discussions from Certified Exit Planning Advisors from different disciplines who have been trained inside of this methodology.