Founders negotiate hard on price and then meet the tax bill for the first time at closing. The structure of a deal, and the planning done in the years before it, frequently move the after-tax result more than the last round of haggling over the headline figure did.
Asset sale or equity sale, how proceeds are allocated, what is ordinary income and what is not. These are planning decisions with deadlines, and most of them close before a buyer appears.
When a sale lands, and how proceeds are spread, changes the rate that applies to them. A closing date is negotiable more often than founders assume.
Until it sells, most of the household's net worth is one illiquid position in one company in one industry. That is worth naming while there is still time to do something about it.
The hardest year is the first one after the money arrives, when a founder goes from an income they controlled to a portfolio they do not. That transition deserves a plan of its own.
We do not find buyers and we take no part of the transaction. Our fee does not move with whether you sell, when you sell, or for how much.
An exit involves several professionals. We bring the household's financial picture so their advice can be aimed at the right outcome.
A conversation three years out has options. A conversation three weeks out mostly has consequences.
Cannon Capital Management, Inc. is a Registered Investment Adviser. This page is for informational purposes and is not investment, tax, or legal advice. Nothing here is a recommendation for your situation, which we would need to know before making one.
The first strategy session is complimentary, and there is nothing to buy in it. See what to bring, or just bring the question that brought you here.