I would tell you that better than 70% of the time business owners have made short term decisions in a vacuum without thinking of the end goal of wealth and a exit. Now is all they think of resulting in really horrible outcomes at the time of sale. If your CPA is not having this conversation with you you need a new CPA.
exitplanning
Top 10 Mistakes Business Owners Make When Preparing to Sell (And How to Avoid Them)
Work with a business broker to streamline the process and avoid these traps.
How to Value Your Small Business Before Selling: A Step-by-Step Guide
Gather Financials
Collect three years of profit-and-loss statements, balance sheets, and tax returns. Buyers want clean, organized data to assess profitability.
Exit Planning For Lawfirms
This podcast provides an overview of the Six Phases of BEI Exit Planning specifically tailored for law firms, presented by a Certified Exit Planning Advisor.
2026 Capital Gaines Tax Change
In sum, the IRS changes for 2026 present substantial planning opportunities and challenges for small, closely held businesses contemplating a sale. Business owners should stay informed and seek professional tax advice to best navigate this shifting landscape.