Any business owner knows that their business is their greatest wealth creation vehicle and largest financial asset.  Business owners define themselves in part by their business because of the enormous amount of time and energy they spent making the business a success. 

For business owners, the transition will be one of the most significant financial events in their lifetime.  This transition also has dramatic non-financial effects as well.  Not only will daily routines be impacted, but also the way these now former-business owners identify themselves. 

The Acropolis Business Liquidity for Entrepreneurs (ABLE) program helps business owners prepare in advance for the changes and opportunities associated with a transition, while keeping the business owner in control. 

Business transition planning (also known as exit planning) is a business process that allows business owners to maintain control over when, how, and to whom the business is transitioned.  It is a proven strategy that saves time and money by avoiding common mistakes others have made.

Optimally, exit planning should be started long before a transition is executed.  Doing so empowers informed, planned, and rational decisions about the best way to transition a business.  It can sometimes take five or more years to properly plan for a successful transition because some of the events, such as estate planning, training a successor, annual audits, or environmental cleanup cannot be done overnight.

Acropolis recognizes that it takes a team of experts from various professions to help you guide your illiquid asset into a portfolio of securities that can support a family for the rest of their lives.  We can leverage your existing advisors, while supplementing, where appropriate, our network of specialists with deep expertise in the various fields required. 

Our experience is that the best exit plans have input from at least some advisors that have exit planning experience.  It is a lot easier to win the game when you field the right team.

Acropolis can help you put together the right team and guide you through the process of planning and converting your life’s work into the cash to help you meet your personal and financial goals.

Acropolis Investment Management is a St. Louis based fee-only asset management firm, staffed with dedicated financial professionals ready to work with you.  We are specialists in helping business owners preserve and grow their resources, with our business asset management and business asset planning expertise. To learn more about our business services, please contact us at 1-888-882-0072.