Succession Planning

Lutz Financial will create and manage a comprehensive plan that addresses your immediate and long-term goals. Through a unique and individualized process that ensures your priorities are understood, we’ll help with estate and contingency planning, retirement planning, succession planning, tax planning, and more.

 At Lutz, we understand that running a successful business is no easy feat. Our team offers consulting services beyond traditional compliance work. We can help you make informed decisions, evaluate potential risks, and develop actionable strategies that impact your bottom line.

Our accredited professionals deliver valuations that provide a clear, accurate picture of your company’s worth. We analyze your operations, financials, and industry landscape to give you insights you can trust for planning, compliance, and transactions.

Industry market research is one of the most critical steps in a transition or transaction. Our M&A professionals deliver detailed industry analysis to help you understand trends, evaluate competitors, and position your business for a competitive advantage.

We provide guidance and support through the complex regulations of ESOPs, helping structure plans that create successful outcomes for both the company and its employees.

Selling your business is one of the biggest decisions you'll ever make. Specializing in businesses with $1M-$10M of EBITDA, we guide you through every step, from positioning and marketing to negotiations and closing, to maximize value in today’s competitive market.

Our process includes:

+ Strategic Positioning -  Analyze your company's strengths and market position to maximize appeal

+ Deal Marketing - Develop a tailored marketing strategy as unique as your business
+ Buyer Identification -  Develop a tailored marketing strategy as unique as your business
+ Competitive Process Management - Cultivate interest, urgency, and competition among qualified prospects
+ Negotiation Support - Advocate for your interests until you're satisfied with the results
+ Transaction Coordination - Manage all moving parts from LOI through closing

A typical succession plan includes identifying successors, valuing the business, preparing financials, developing a transition timeline, and communicating the plan to stakeholders. Lutz guides you through each step to ensure a smooth and strategic transition.

The timeline varies depending on the complexity of the business and the chosen exit strategy. Most plans take several months to develop and implement. Starting early allows for better preparation and flexibility.

We help business owners explore and execute exit strategies including family succession, employee buyouts, third-party sales, ESOPs, and mergers or acquisitions. Each strategy is tailored to your goals and business structure.

Family businesses often face unique challenges. Succession planning helps avoid conflict, preserve legacy, and ensure long-term financial stability by creating a clear roadmap for leadership transition across generations.

Without a plan, transitions can lead to confusion, financial loss, tax complications, and even business failure. A proactive succession strategy protects your company’s future and your personal legacy.