Business Succession
Business Succession is part of our Business Solutions platform designed to help business owners successfully transition out of their business. We offer the following strategies based on your clients’ unique needs and characteristics:
- Buy-sell strategies
- Transfer strategies
Exit planning (for a fee) is also available for certain circumstances.
Learn the process, tools and questions to help your clients better understand the benefits of an informal Business Valuation and Buy-Sell with Business Valuation/Buy-Sell Review.
See what one former owner learned during the business succession process—and how you could help people like him.
Watch the video (2:18) • Share his story (OFT)
Check out additional resources below, or explore materials that show how individual disability insurance can help with the successful transfer of a business.
- Business owner between ages 45 and 65
- C Corporations, S Corporations, LLCs, Partnerships, and Sole Proprietors
- Closely-held businesses
- Owners who realizes the importance of retaining their key employees during transition
- Owners who realize they may not be able to rely 100% upon the sale of their business for their retirement
Key materials listed below. Refer to the Advanced Marketing Sales Library for more information from Pentera Group, Inc. on advanced marketing topics.
Before the Sale
Buy-Sell Agreements Quick Reference Guide (BB9090)
Helps outline three basic buy-sell options—cross purchase, entity purchase, and wait and see—as well as some things to consider.
View (PDF) • Order
Business Succession Decision Grid (BB10262)
Use this flyer to help the business owner understand the many succession planning strategies and how to start the decision process.
View (PDF) • Order
During the Sale
Exit Planning Questionnaire (BB8720)
A fact finder that helps gather information needed to design a business succession plan.
View (PDF) • Order
Business Planning Services Approach Fact Finder (BB10847C)
Easy-to-use flowchart helps business owners determine if a business planning service is available to them.
View (DOC) • Order
After the Sale
BMA Services Flyer (BB9441)
Outlines the added benefits employers and plan participants get from our administrative services through Business Market Administration (BMA).
View (PDF) • Order
Sample Agreements
Access a variety of sample agreement templates to share with clients.
View sample agreements
Advanced Markets Information - Technical material for Applied Knowledge on a specific topic.
View Advanced Markets Information
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