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Small- and medium-sized businesses have special financial needs. At Omni Wealth Advisors, we understand that, just as we understand the importance of developing a long-term, planning-oriented relationship with our clients. We have a well-earned reputation for helping businesses build, manage and maintain financial assets through complete and customized investment planning.
The mission of a Chief Financial Officer is to look forward and to assist the business owner in maximizing his or her investment in the business, to strategize and to seek opportunities. When you partner with Omni, we act as your company’s Chief Financial Officer, consulting with you regarding every aspect that has an impact on the value of your business.
Our services include:
- Business cash flow planning
- Financial and profit margin analysis
- Banking transaction analysis
- New opportunity analysis
- Succession and exit strategy planning
Succession and Exit Strategy Planning
Did you know that more than 90 percent of family businesses have little or no income diversification? And that over 70 percent of family businesses have no succession plan in place? Given the significant time and energy that goes into building a family business over several decades, as well as the substantial percentage of net worth an entrepreneur’s business makes up of his overall wealth, planning the transition is essential. Controlling the process and maximizing value are also keys to determining the success of your overall wealth planning.
As Baby Boomers contemplate their nearing retirement, many issues begin to surface regarding the family-owned business. Can it be passed to the next generation? How will the retiring owners convert this substantial portion of their net worth into a retirement asset? Are there key people working in the business who have the ability to lead a transition and continue the business? If an outright sale to a third party is an option, how do the owners maximize the business value? What are some reasonable terms of a sale to inside and outside parties? Let Omni help you answer these questions and insure a smooth transition for your family-owned business.
A partnership with Omni means you have more time to focus on your core business. Call us today to learn more about the many ways Omni Wealth Advisors can help you grow and maintain your business.
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