Business Succession Planning

Crafting an Exit Strategy That Provides You Financial Freedom

As a business owner, you spend years, maybe even decades, growing and shaping your company to match your strategic vision. Moving on or selling it may not be on your mind currently, but considering an exit strategy and succession plan now will help you in the future. At Plancorp, we can provide a comprehensive transition strategy to support the best outcome for you and your business.



We’ll start by meeting with you to understand your goals and determine your needs, in order to establish a foundation for a tailored exit strategy.


Transition Strategy

We don’t want to limit you to a simple plan, and instead focus on creating a comprehensive strategy that will address all the aspects surrounding an ownership transition.


Future Success

The strategy we build for you is centered around one key objective: Making sure you are prepared and able to lead the life you want after exiting your company.

Our Succession Planning Process

  • Data Collection
  • Valuation and Analysis
  • Recommendations
  • Implementation
Data Collection

Data Collection

Through one-on-one consultations, we’ll complete assessments and obtain pertinent personal and business information. With this data, we can create a customized succession plan that aligns with your goals.

Valuation and Analysis

Valuation and Analysis

In order to make the right decision, you need to know your options. We’ll evaluate possible exit options, weigh the risks, and prepare a wealth management plan so your future is secure.



We help you identify opportunities to maximize the value of your business and develop specific steps to prepare for an ownership transition. A company exit strategy or succession plan involves much more than just you. We’ll provide recommendations that ensure alignment of all parties involved, including your family.



Whether you ultimately decide to exit or stay, you will need a detailed plan or roadmap to follow. Once created, we’ll assemble and collaborate with the appropriate team of advisors to implement it.

Succession Planning Worksheet

Download Plancorp’s Succession Planning Worksheet

Frequently Asked Questions

What is a Certified Exit Planning Advisor?

A Certified Exit Planning Advisor (CEPA) is an advisor who attends an executive MBA-style program that trains qualified professionals in the field of exit planning and then passes a proctored exam. The Exit Planning Institute confers this accreditation.

Why would someone choose to stay after reaching out for help in creating an exit plan strategy?

Some business owners may need to pause their exit strategies to build more value so they can reach their financial goals once they leave their companies. If this happens, Plancorp can help identify the right value drivers.

Will Plancorp respond to a third party that expresses interest in my business?

Yes. If an outside party comes to you with interest in acquiring your business, our advisors can work with them and you to determine the right plan.

What is a succession plan?

A succession plan is part of an exit strategy. It provides for the continued operation of a business in the event that the owner or key member of the management team  is no longer involved in running the company due to retirement, death or disability.

How are you paid at Plancorp?

We only take compensation from the fees our clients pay us -- not from the products or services we recommend. This allows us to remain objective. We provide our exit planning services on a fixed fee, project basis. There is no success fee based on a percentage of the transaction value.

What other financial services do you provide?

Our professional team can guide you on other important financial strategies like wealth management, charitable giving, institutional asset management, retirement planning, generational wealth transfer, and more. For more information, click here.

Your Team

Our team of Exit Strategy Advisors has extensive experience buying, selling, and transitioning companies in the private and public sectors. We’ll leverage our expertise to make sure your transition strategy is as smooth as possible and meets your ultimate goals.

Larry Guess, CEPA®

Director of Business Succession Planning

Larry LeGrand, C.P.A., AIF®

Tax Advisor & Partner Emeritus