Business Transition Planning Assessment

business-exit-planning-assessment-fmg-ultra-safe-code.txt

George Wealth Management | Project Clarity

Business Exit Planning Assessment

For business owners preparing for a sale, succession, ESOP, liquidity event, or future ownership transition.

This assessment focuses on what may be left after taxes, timing, deal structure, liquidity needs, and planning tradeoffs are coordinated.

DiscoverPrepareDecideReview

What you'll receive: transition snapshot, after-tax exit considerations, ESOP/QSBS questions, succession priorities, and a 90-day planning sprint.

Step 1: Transition And Tax Context

Transition Horizon

How far are you from a sale, succession, or ownership transition?Some strategies require planning before a buyer, LOI, or binding sale.

Entity Type

Current business entity structureEntity type affects QSBS, ESOP/1042, and stock sale vs asset sale.

Estimated Sale Value

Rough estimated sale value or enterprise valueUse a rough planning estimate. This is not a valuation.

Estimated Tax Basis

Rough tax basis in ownership interestA low basis can create a large embedded gain.

Estimated Tax Rate

Rough tax rate on gainUse a rough combined tax estimate.

Transition Path

Most likely transition pathThe right questions change depending on who owns the business next.

Step 2: Owner Goals And Tradeoffs

Maximize after-tax proceeds for financial independence. Create reliable income from sale proceeds. Preserve company culture and reward employees. Support charitable goals through the transition. Maintain some control or phased involvement. Coordinate estate, family, or legacy planning. Evaluate whether capital gain can be deferred. Business real estate is part of the planning picture.

Step 3: Planning Readiness

Tax Modeling

Has the CPA modeled the after-tax sale result?The headline price can differ from what supports independence.

QSBS Evidence

Has Section 1202 / QSBS eligibility been reviewed?QSBS is evidence-driven.

ESOP Feasibility

Has an ESOP or 1042 review been considered?ESOP planning may fit when employee continuity, C-corp status, cash flow, and culture align.

Transaction Status

Where are you in the transaction process?Some strategies need review before sale terms become fixed.

Management Depth

Can the business run without the owner day to day?Transferable value matters for buyers, ESOPs, and internal succession.

State Tax Review

Has state tax or residency planning been reviewed?State tax assumptions can materially change net proceeds.

Your Business Transition Snapshot

Estimated Gain$0

Planning Runway0%

ESOP Review Signal0%

Coordination Need0%

Schedule A Planning Conversation

Educational purposes only. This tool is not legal, tax, accounting, investment, insurance, transaction, valuation, or financial planning advice. It is not a recommendation to sell, defer, gift, restructure, create an ESOP, use a trust, or implement any tax strategy. Consult qualified professionals before making decisions.