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Exit Planning Valuation Services Owner Planning Checklist 1 Have you decided Yes When you want to leave your business What amount of cash or annual cash flow you will need when you exit To whom you want to transfer your business 2 Based on cash flow do you know how much your business is worth today 3 Do you know how to best maximize the income stream generated by your ownership interest both before and after you leave your business 4 Do you know how to sell your business to a third party and pay the least possible taxes Do you know if your business is even marketable 5 Do you know how to transfer your business to insiders family employees or co owners while paying the least possible taxes and enjoying maximum financial security 6 Do you have a plan for your business if the unexpected happens to you 7 Have you taken steps to protect your family s wealth No Porte Brown LLC is a full service accounting and consulting firm headquartered in the Chicago suburb of Elk Grove Village Illinois For more than 70 years Porte Brown has focused on providing the highest level of service to individuals businesses and organizations throughout the region In addition to the traditional accounting services such as tax planning and preparation audit business valuations and retirement plan administration Porte Brown also provides strategic consulting and leadingedge technology implementation for clients in cloud and non cloud environments Wealth management services provided by Porte Brown Wealth Management LLC Porte Brown serves accounting and consulting clients from offices in Illinois Indiana and Texas Elk Grove Village 845 Oakton St Elk Grove Village IL 60007 Phone 847 956 1040 McHenry 4123 W Shamrock Ln McHenry IL 60050 Phone 815 385 1120 Elgin 1752 Capital St Suite 400 Elgin IL 60124 Phone 847 695 1775 Tinley Park 18400 W Creek Dr Tinley Park IL 60477 Phone 708 429 1040 Evanston 909 Davis St Suite 500 Evanston IL 60201 Phone 847 866 6800 All Offices Fax 847 956 6780 PorteBrown ACCOUNTANTS ADVISORS If you answered YES to all seven questions congratulations Your Exit Plan is likely well underway If you would like us to review your plan give us a call Three to six YES answers mean you have a good start on your Exit Plan Call us to coordinate the missing pieces with the components already in place If you have fewer than three YES answers we suggest that you schedule a meeting today with our skilled Exit Planning Advisors Your successful exit depends on a comprehensive Exit Plan PorteBrown ACCOUNTANTS ADVISORS Securities offered through Avantax Investment ServicesSM Member FINRA SIPC Investment advisory services offered through Avantax Advisor ServicesSM Insurance services offered through an Avantax affiliated insurance agency All rights reserved 2021 www portebrown com 2021 Porte Brown LLC All Rights Reserved We Help You Get to Your Next Level TM

Are You Ready to Make a Successful Exit As a business owner you know how difficult it is to build a successful business Countless hours of hard work and sleepless nights go into creating a new company After so much time and effort of setting up a new business and establishing a strong clientele the last thing you may be thinking about is preparing a succession plan But what happens when you are ready to enter the next phase of your life whether it be for retirement or a new business venture How do you know you ll have enough saved to retire comfortably or have enough capital to start up that business you always wanted Most business owners don t think about transitioning out of their business until a few years prior to their exit which is usually much too late Without a comprehensive plan in place this leaves owners with very few options especially if their expectations of their company s value do not match up with the true value of the business 3 Elements of a Successful Exit 1 A Road Map Exit planning is a process that helps owners decide where they want to go as well as how to get there 2 Experienced Guides Assemble a team of trained and experienced advisors to assist you during the many choices and decisions you will face as you work toward your exit goals 3 Implementation Success can depend upon a disciplined implementation timetable keyed to an owner s Exit Plan Without experienced advisors an Exit Plan and an implementation timetable the chances for a successful exit are likely to be very small How We Can Help Good Exit Planning requires a coordinated effort from a number of experienced advisors and Porte Brown s are among the best Our Exit Planning Advisors are part of an inter disciplinary team who specialize in all areas of exit planning which includes everything from succession planning strategies to business valuations for mergers and acquisitions to gift estate planning and everything in between Porte Brown s team of advisors take a personalized approach for each of our clients This ensures that your plan is specific to your business s unique circumstances and is tied to your exact goals objectives and concerns Only after listening to your answers do we begin to create your unique Exit Plan How We Work To help you create your Business Owner Road Map we coordinate with you and implement your Plan based on your timetable As members of the BEI Network of Exit Planning Advisors we know how to guide you to your successful exit Using a systematic Exit Planning process developed over the last 25 years you decide When you wish to leave your business What amount of cash you need when you exit To whom you want to transfer the business Our Exit Planning system is a process not a product We aren t vested in promoting a particular goal Instead we work to identify and to accomplish your goals Our system works because it is a customizable process that moves you toward the successful exit you desire with fees based on the design creation and implementation of your Business Owner Road Map YES Exit in Style If you have thought about transitioning out of your business but aren t sure how to begin you are in good company Nearly 50 of successful business owners hope to exit their companies within the next five years Unless those owners are familiar with The Seven Step Exit Planning Process it is doubtful that they will exit in style In fact the SBA observes that At any given time 40 of U S businesses are facing the transfer of ownership issue and the primary cause for failure is lack of planning Do I Need a Business Valuation While most business owners only think about the value of their business as they reach the time to transition out of their business there are reasons to get professional business valuations throughout the lifecycle of your business Porte Brown provides professional business valuations for the following business situations Purchase of a Business Benchmarking Value Driver Analysis Loan Procurement Buy Sell Agreements Gift Estate Tax Filings Selling a Business Following the valuation process our team can help identify what factors may be holding your business back and then provide several options you can take to get your business to its next level