Value Creation Services
Value creation consulting addresses the most effective ways to maximize the value of your business. These services include an in-depth examination of your strategy, business operations, legal issues and finances.
Our value creation specialists can help your company enhance value to maximize returns, define your position in the market, understand your quality of earnings, organize and strengthen your records, solidify strategic future relationships, and perform a complementary personal financial plan. Our experts can also demonstrate ways to prevent earnings management and guide you through what’s most important to understand on the sell-side of a quality of earnings report, the quality of earnings ratio and quality of earnings formula.
In short, we can show you exactly what your business is worth and show you how to optimize its value.
Throughout the process, our experts use several methods to assist with value creation in business, including:
- Determining your high-level goals
- Aligning your professional and personal goals
- Performing a value gap analysis
- Pinpointing business value
- Educating about value creation
- Establishing benchmarks
- Analyzing shareholder readiness
- Creating shareholder strategies
- Determining your business readiness score
- Reviewing financial health and forecasts
- Implementing company-wide accountability systems
- Examining risks
Our value creation consulting focuses on the creation of a strategic plan. Using our proven approaches, we help you analyze value indicators and benchmarks, strengthen business operations to maximize value, ensure all business legal issues are air-tight, and optimize all business financial practices to ensure readiness.
Exit Strategy Consulting
Our exit strategy consulting focuses on aligning the sale of your business with your personal financial goals. Using our proven approaches to understand value creation in business, the primary objective in any exit strategy is to assist you with deciding what priorities, investments, time and resources look like post-transaction. This is done through planning your financial strategy early and objectively considering your risk. We help you become aware of all potential risks so that you can make smarter decisions. Important to remember in any exit is to take ample time to plan ahead—many business owners spend years preparing for a transaction.
We take your strategy a step further by developing a transition plan with your finance team, examining your philanthropic values and creating the kind of trust that comes with a long-term relationship. Warren Averett can also help you know what to expect after a sale. Being emotionally, financially and strategically ready are all key to a smooth transition.
Succession Planning Services
Succession planning services assist with the decision of whether to sell, dissolve or transfer the business to family members (or a non-family successor).
Choosing someone to lead your company after you step down requires a clearly defined strategy, which takes into account how to divvy up business interests, allocate value and tackle complex tax issues. Determining a successor may be one of the hardest—and most important—business decisions you have to make. We advise clients on how to make this choice, taking into consideration how to divide business interests and navigate complicated tax issues.
Valuation experts also can help you put a number on various factors that will affect your company’s value.
Estate Planning and Risk Management
It’s important to recognize the difference between succession planning and estate planning. Our advisors help walk you through the distinction to ensure that the succession plan is clear and the estate plan is well-documented. Both plans should be compatible and approached as a joint effort in order to avoid the most common mistakes that can jeopardize your goals.
Estate planning and succession planning must go hand in hand. Our experts can help you delineate between these two and ensure that you avoid the most common mistakes that can jeopardize your goals.
Strategic solutions are provided in conjunction with other services as needed to address each situation.
These services include:
- Assessing the kinds of risks that can determine next moves
- Comprehensive financial planning and wealth management plans
- Guidance in making charitable gifts