Dear Jeffrey,

I’ve built my business for the last 10 years and although I was not ready to retire, I wanted to have a plan in place to do so. I wasn’t sure if my children would want to take over the business, if I should  sell it to my key employes or find a buyer who is willing to pay what it is worth. But then I met you.

My dilemma when I met you was that neither my children or my key employee could pay the full value of the business up front. I was not sure if I could retire without that money. I had some savings in my pension, but not nearly enough. For me, the business was my retirement but I could not understand how to cash that in.

Jeff…thanks for taking me through some simple steps to provide me with options. You said it would be just 6 simple questions and you were right. In fact, I do believe, as you told me, that these are 6 questions that every business owner should be able to answer.

After our discussion, and you had my answers – I was pleased to get your thourough and complete analysis report. It was focussed on my family, my employees and my needs. I was also relieved to discover that I did not have to do everything all at once. You provided me options on how to protect my business until I am ready to leave, a succession plan, a buy-sell agreement, what a buyer might pay for my business and an overall exit strategy. Everything was clear and concise and I could clearly see the path and options that best worked for me.

As a result of going through the steps, I see how I might be able to retire with some confidence. I hope that my business, employees, and ultimately my family, will be taken care of. Thank you Jeffrey…I feel more confident now that I have a plan for my future.

Please feel free to use me as a reference to anyone who you think would like to hear my story.

Gratefully,

Peter Cummings