Business Consulting

Exit & Succession Planning

Your business is your largest investment. Over the years, it has helped you build a healthy portfolio and generate wealth. If you are envisioning retirement, you may be wondering how to make a smooth transition that will keep your business on solid ground and help you meet your next set of financial goals. Here are some questions you may be thinking about:

  • To whom shall I entrust the vision and management of my business?
  • How do I successfully extract myself from the business?
  • If I want to continue to play a role, what is the best way to do so?
  • How can I still reap benefits on my business investment?
  • What is the best way to share my wealth with others?

To maximize your net worth and secure your legacy, your best strategy is to find a firm that houses the expertise you need under one roof. The financial professionals at DZH Phillips have developed a unique process for guiding you through each critical juncture involved in your exit strategy. We’ll help you develop a plan that will benefit you and your family, and secure the financial future of your business.



We begin by identifying the dangers, opportunities, and strengths that will inform your exit plan. We’ll ask questions such as: What do you want to do? Who are the up-and-coming leaders in the business? How much money do you need to retire? What do you think your company is worth? Do you have charitable interests that you want to pursue?



Feasibility involves evaluating potentials and benefits, such as: Is there a market for this business? What are the potential outcomes and how will they affect cash flow? This step allows us to analyze potential courses of action and anticipate their end results.


Value Calculation

We’ll perform a complete assessment of the value of your company and its overall marketability. Additionally, since your business is likely the largest asset in your portfolio, we will assess your personal financial plan; monetizing your business must work in concert with your overall financial picture.


Planning and Implementation

A tactical process for identifying and establishing succession is ideal for the client whose valuation matches their price expectations, but also helps those for whom this may not be the case. Your report will provide the detailed goals of a transaction, exit options, deal structure, and action steps. If the valuation is not where you want it to be, we will suggest a course of action along with key steps and recommendations aimed at the targeted price.


The Sales Transaction

DZH Phillips assembles your various service providers and helps you navigate through any necessary transactions, including those involving attorneys, bankers, financial planners, and buyers and sellers. Our carefully developed task list takes the transaction team from offers to letter of intent to closing.

Most firms leave after a transaction is completed, but DZH Phillips assists in journal entries, coordinating tax reporting—including the preparation of specific federal and state forms and schedules—and creating reports for buyer, seller, and company.