Exiting Your Business

Kevin Kennedy, President of Beacon Exit Planning LLC, discusses how to successfully exit your business. The information is not intended to be legal, accounting, insurance or tax advice.

ARTICLES

Things To Understand Before Exiting Your Construction Business

Can You Afford Your Exit?

Kevin J. Kennedy

January 4, 2019

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Most owners continue to be stuck in their business until they can clearly see the path to replace their income and maintain their lifestyles in retirement.

The Tax Cuts and Jobs Act Projects Industry Change

Here Comes the Boom

March 3, 2018

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The new tax law could mean a boom for certain industries.

Finding Clarity in your Exit, Financial Future and Retirement

Getting "Un-Stuck" From Your Business

Kevin J. Kennedy

December 4, 2017

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The entire process of exit planning can be bogged down with the technical jargon of accounting, law, tax codes, estate planning, insurance and financial planning.

Landmines in Your Business Exit

Kevin J. Kennedy

June 1, 2017

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Part one of a two part series that outlines some occupational hazards before selling the business.

Tax Update: How the Trump Tax Changes Will Affect Your Exit and Business

With a new president come new tax regulations. Here is what you need to know.

Joseph Bazzano

January 1, 2017

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Early November saw the end of one of the most contentious political presidential elections in quite some time.

When a Manager Can’t Afford to Buy Out

October 1, 2016

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The largest obstacle in executing a management buyout is finding the financial ability to pay for the business.

10 Things Every Owner Should Know About Succession Planning

An owner’s guide to planning a successful succession.

Kevin J. Kennedy

March 1, 2016

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The purpose of this article is to simply differentiate “exit planning” and “succession” and outline the main points for a CEO to remember when succession planning.

The Buy/Sell Agreement

Joseph Bazzano

February 4, 2016

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Over the past 20-plus years, I have met with hundreds of business owners around the country consulting on a variety of topics including tax, business valuation, exit planning, and risk management.

Saving Your Company Money

There are three main statistics to consider.

Kevin J. Kennedy

November 2, 2015

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This short article will share three business statistics you need to memorize to understand your risk if you ever intend to cash out.

Creating a Strategy to Exit Your Business

Why Time is Your Best Friend

Kevin J. Kennedy

October 1, 2015

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Most owners cannot see the importance of planning and creating a strategy to exit their business.

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