Whether you are aware of it or not, every day you are making decisions that impact your exit, which is why it’s never too early to start planning. Exit planning might sound like a strategy reserved for business owners nearing retirement age or exiting their business, but it’s a smart move for business owners at any stage of their career. Having a proper exit plan in place can help maximize the value of your business and secure the legacy of your organization. At Brown Plus Transitions, we help business owners create a roadmap to success that focuses on protecting, building and realizing the value of their business. Our exit planning services provide organizations with numerous benefits, including preparation, business continuity, risk mitigation, leadership development and improved overall performance.
Our Approach to Exit Planning
Exit planning is the conscious effort to grow your business in a manner that efficiently converts ownership into personal financial freedom and peace of mind. When done correctly, exit planning can provide an immediate return and benefits on top of the growth you are already building towards in the future. Our exit planning process focuses on that concept of value growth. No matter the ultimate exit method (sale, transfer to child, etc.), growth has positive impacts and benefits everyone.
Brown Plus Transitions utilizes the value acceleration methodology, which is broken up into three phases: discover, prepare and decide. This process is focused on action and provides the owner with key deliverables and metrics while creating a roadmap to success.
1. Discover
During the discover phase, we will assess the value of your business, as well as your personal financial readiness for life after the exit from your business. We will look at your long-term goals and create an action plan with measurable tactics that will ultimately help you accomplish your goals.
2. Prepare
We work with you on implementing the strategies and tactics identified in the Discover phase, some of which may be completed in the short-term, others more long-term. We will continuously monitor progress and recalibrate goals to ensure that they still align with the strategy for the business to protect, build and realize value.
3. Decide
In this stage of the process, a business owner can decide to exit the business or go back to the second phase to continue the preparation of the business for exit. If the owner chooses to exit, we will move to sell or otherwise transition the business according to the owner’s plans.
Let Brown Plus Transitions Help Lead the Team
A successful exit strategy includes three key components: maximize transferable business value, ensure the owner is financially prepared and ensure there is a plan for “what is next.” Most owners only exit their business once, and they need help in creating their exit plan. They need the accountability and organization that Brown Plus Transitions provides to stay on track, because life and running your business often get in the way of developing and executing the exit plan.
Let Brown Plus Transitions help you lead the team. Our approach to exit planning is a holistic one, covering many bases and involving many advisors. We can work with a business owner’s existing advisors (attorneys, financial planners, bankers and insurance agents) or recommend advisors who will be able to help with this process.
Benefits of Exit Planning for Organizations
At Brown Plus Transitions, we truly believe that having an exit plan is good for both the business and the owner. Exit planning is a proactive strategy that offers benefits far beyond retirement planning. By starting early and taking a comprehensive approach to your exit strategy, you can maximize value, protect your legacy and position your business for long-term success—no matter what stage of life you’re in.
Team Members
Why Choose Brown Plus?
Brown Plus Transitions listens to clients’ goals for their business and their exit to help make those goals happen. Our team consists of professionals who are Certified Exit Planning Advisors (CEPAs), who specialize in advising business owners on how to sell or transition their organization successfully. We also work closely with related advisors who could be needed in the exit planning process. We partner with Brown Plus to provide clients with a range of attest, tax and advisory services. We also collaborate with Lighthouse Wealth Management to provide financial planning and wealth management services. Our professionals are also active members of the Exit Planning Institute (EPI), which keeps us informed on the latest trends and educational opportunities on exit planning. Brown Plus Transitions is passionate about helping organizations ensure their continued success with exit planning.
Don’t leave your exit to chance. Contact Brown Plus Transitions today to learn more about our exit planning services and take the first step towards a successful transition to the next phase of your life.
Our Locations
Brown Plus provides services nationwide with a concentration of clients in the Mid-Atlantic region. Our offices are located throughout Pennsylvania and Maryland.
