Case Study #1

Rick 60 year old entrepreneur of multi-million dollar business

Traveling with his wife and spending time with family is Rick’s ultimate dream in retirement.

The Challenge

A man sits on the armrest of a beige sofa near a large window, looking at a laptop in his hands.

Profile / Timeline

Targets  an exit within five years as a 60‑year‑old owner of a multi‑million‑dollar rural Illinois company.

Family / Lifestyle

Balances he and his wife’s wish for the freedom of retirement with the reality his business is a big part of his identity by weighing options from a complete sale to limited post-exit involvement.

Team / Culture

Protects  long‑tenured employees and small‑town reputation throughout any transition.

Options / Legacy

Assesses  sale or succession paths to preserve family wealth and community impact.

Our Approach

Discovery / Alignment

Clarify  values, family priorities, and succession goals through focused conversations.

Team / Integration

Coordinate  CPA, Estate Planning Attorney, Business Attorney and business‑transition advisor to align legal, tax, and operational strategies.

Scenarios / Modeling

Work with team to compare private‑equity sale, out‑of‑area competitor sale, ESOP, and CEO succession with tax‑aware cash‑flow projections.

Execution / Monitoring

Guide  family‑inclusive checkpoints, valuation updates, and negotiations to keep progress on track.

A middle-aged man with glasses sitting at a wooden table, using a white laptop, with a smartphone beside him, near large windows showing a green outdoor scene.

The Plan

Older man with gray hair in a blue shirt sitting on a brown couch, working on a small white laptop, focused on the screen.

Timeline / Milestones

Outline  decisive dates and family checkpoints leading to a five‑year exit.

Execution / Path

Select  the succession route that best supports family and employees, then engage buyers or leadership search under NDA.

Tax / Legacy

Coordinate  structures with CPA and Estate Planning Attorney to cut taxes and safeguard multigenerational family wealth.

Review / Adjust

Hold  consistent family‑inclusive check‑ins to keep the plan on track as markets and goals evolve.

The Results

Person in a blue shirt typing on a silver laptop at a wooden desk, with a black smartphone, yellow sticky notes, a black pen, and a remote control nearby.

Valuation / Clarity

Identified  realistic price and net proceeds, ending guesswork.

Tax / Savings

Captured  seven‑figure savings through coordinated deal and estate structure.

Liquidity / Flexibility

Analyzed  cash‑flow scenarios under multiple deal structures to maintain liquidity while diversifying wealth.

Retirement / Assurance

Confirmed  sustainable cash flows so the family can pursue travel and lifestyle goals.

Curious how a plan like this might work for your family‑owned business? Let’s talk.

Case study is hypothetical and for illustrative purposes only. Clark Wealth Partners provides fiduciary financial planning; results will vary.