Exit Planning

Your business is more than a lifetime of hard work; it’s your heart’s work.  You’ve forecasted for strategic growth, trained your management team to be self-sufficient, protected product quality standards, and built a reputation for stellar customer service.  Your focus has been balancing continued innovation with service worthy of a loyal customer base.  So, what happens next? It’s time to move to the next stage in your life—and that begins with creating an exit plan.

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Whether your business is moving to the next generation, current employees, or completely new ownership, planning for the transition is essential.  A successful exit plan, however, can take several years, even upwards of a decade, to fully implement.  While each company’s needs vary, some key components include:  a fair valuation and understanding of the business’s market value; ensuring the entire management team is fully comfortable and trained for their new roles; resolving any pending litigation or complaints; planning for any tax implications; and thoroughly evaluating all planning options and timelines to create a seamless transition.

Separate from the actual business transaction is the retiring owner’s emotional attachment and regular time commitment to the business.  A solid exit plan accounts for a business owner’s life after the final hour at the office.  Preparing the owner for a world with potential free time on their hands is often an essential, but ignored, part of exit planning.

 

James Rosenblatt Team and Team of lawywers in a meeting, Around conference room in Rosenblatt office.

At ROSENBLATT LAW FIRM, our expert exit planning lawyers are fully prepared to customize the right plan for you—accounting for your future plans, taking into consideration your concerns, raising questions that should be addressed, and more.  As Benjamin Franklin said, “If you fail to plan, you are planning to fail.” Contact our exit planning lawyers for the specialized exit plan to provide you, your employees, and your customers, with a seamless transition as you move to the next exciting phase of your life.

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WHAT WE’VE HELPED

OUR CLIENT ACHIEVE

  • Helped reorganize the company to increase the sales price and create residual income

  • Implemented strategic planning with Client to identify potential buyers

  • Created phantom stock plan to retain key employees to increase the value of the entity

  • Reorganized company to increase tax efficiency for current and future sale

WHAT WE DO

AREAS OF PRACTICE

Established in 2005 with a mission to supply clients with superior business-oriented legal advice, Rosenblatt Law Firm provides services in the following areas of practice.

In the modern business environment, issues of legal protection and reliable financial infrastructure play a key role. This is especially relevant for business owners and managers, for whom it is important not only to ensure legal security, but also to understand the features of new financial instruments, including in the field of online transactions. Rosenblatt Law Firm offers individual solutions at the intersection of business and everyday life, helping to avoid risks and competently build a development strategy.

Among the popular areas requiring attention from a legal point of view, the field of online entertainment stands out, in particular digital payment solutions in online casinos. Systems that ensure anonymity, security and ease of payment are becoming increasingly popular. Interesting information on this topic can be found on the website
freizeitspieler.de, which examines in detail the features of using the Paysafe payment method in online casinos, including its advantages in terms of privacy and convenience.

Knowledge of the nuances of such payment methods is important not only for players, but also for entrepreneurs planning to launch digital platforms, including those with gaming elements. A comprehensive approach that takes into account both legal and technological aspects helps to build safe and sustainable projects – this is the approach followed by Rosenblatt Law Firm.