Category Archives: Succession Planning

Does Your Business Have a Buy-Sell Agreement?

This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. Small and mid-sized business owners without buy-sell agreements increase risks of negative outcomes for their families, partners and employees should they unexpectedly pass away or become disabled. … Continue reading

Posted in Business Valuation, Buy-Sell Agreements, Buying a Business, CFO Services, Contract Negotiation, Exit Planning, Los Angeles, Selling a Business, Succession Planning | Tagged , , , , , , , , , | Leave a comment

How to Minimize Risks in Family Business Succession

This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. When considering passing their businesses to family members, owners should be aware of risk factors and understand how to minimize risks in family business succession. Succession risk planning … Continue reading

Posted in CFO Services, Estate Planning, Exit Planning, Family Businesses, Los Angeles, Risk Management, Succession Planning | Tagged , , , , , , , , | Leave a comment

When & How to Conduct a Business Valuation

This week’s article is by Mark S. Becker, Partner, CFO Edge, LLC. The valuation of a closely-held business becomes a priority in a number of situations: selling, exiting or creating an ESOP, just to name a few. When undertaking a valuation, … Continue reading

Posted in Business Valuation, Buying a Business, CFO Services, Due Diligence, Los Angeles, Merger & Acquisition Planning, Selling a Business, Succession Planning | Tagged , , , , , , , , , , , , , , , | Leave a comment

A Financial Team’s Critical Role in Preparing Exit Strategy

This week’s post and linked full PDF are by Mark S. Becker, Partner, CFO Edge, LLC. A financial team’s critical role in preparing exit strategy is becoming more important as an increasing number of Los Angeles and Southern California business … Continue reading

Posted in Accounting & Finance Departments, CFO Services, Exit Planning, Los Angeles, Selling a Business, Succession Planning | Tagged , , , , , , | Leave a comment

The Impact of Generational Differences on Succession Planning

This week’s post and linked full PDF are by Howard Goldman, Partner, CFO Edge, LLC. With an increasingly large number of Baby Boomer business owners planning to retire, it is important to consider the impact of generational differences on succession … Continue reading

Posted in CFO Services, Employee Motivation, Employee Retention, Estate Planning, Exit Planning, Los Angeles, Succession Planning | Tagged , , , , , , , | Leave a comment

10,000 Boomers a Day Hit 65: What This Means for Exit Planning

This post and linked full article are by Michael K. Menerey, Partner, CFO Edge, LLC. Of the 10,000 baby boomers turning 65 years old each day, many are business owners who are planning to exit their businesses in the relatively … Continue reading

Posted in Business Plans, CFO Services, Exit Planning, Strategic Planning, Succession Planning | Tagged , , , , , , , , , , , , | Leave a comment

Succession Planning: Is an ESOP the Right Tool for Your Business?

One of the first steps in succession planning is identifying your primary succession goals. This will help you determine whether you should focus on selling your business to an inside (employees and/or family members) buyer or an outside (a competing … Continue reading

Posted in Employee Benefits, Exit Planning, Financial Strategy, Outsourced CFO Services, Succession Planning | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Importance of Business Succession Planning

Succession planning is one of those things that business owners sometimes put on their back burner, but never get around to really focusing on until succession is literally staring them in the face. However, failing to plan early and adequately … Continue reading

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