As an independent wealth management firm that provides fiduciary advice, we recommend many areas of focus for business owners to maximize their company’s value for a future sale. The three main topics are as follows:

• Tax-Aware Planning
• Succession/Exit/Continuity Planning
• Risk Management

Three Ways 
for Louisville Business Owners 
to Boost Value

Tax-Aware Planning

Being more tax-efficient helps you keep
more of what you earn. Since businesses and individuals have different tax structures, we provide the expertise that benefits you, the owner. 

For example, do you qualify for the new QBI deduction? If you are still working and eligible to collect Social Security, should you do so? Can you use a year with net operating losses (NOLs) to your advantage?

Should you structure a retirement plan with a
Roth 401(k) or a cash balance plan? Should you introduce deferred compensation plans to your team? We coordinate with your CPA or introduce you to our network of CPAs because planning is critical, and too many business owners concentrate on
the now and not on the big picture. 

Risk Management

Do you know where your corporate risks are lurking? Most business owners don’t because it’s human nature to assume tomorrow will look much like today—we call this recency bias. 

While most owners think about risk management in regard to liability, disaster, or simply insuring their equipment, they tend to overlook death or disability of a key person, organizational
structure, concentration risk, and many others. 

A complete inventory of risks hiding in your business is critical to keep the company on the right path. Reducing these risks will maximize transferability and demand a higher market multiple, increasing
the sale value. 

If you are interested in learning how any of these specific strategies apply to your business, we would be happy to schedule a discovery call to discuss. Please schedule a call below or contact Andy Arnold, MBA, AIF®, CEPA® at andy@centerlinewealth.com.

This newsletter is limited to the dissemination of general information pertaining to the firm’s investment advisory services. This document is provided for informational purposes only and represents only a summary of the topics discussed. The contents should not be construed as personalized investment advice or recommendations. Rather, they simply reflect the opinions and views of the author(s) at the time of publication. This newsletter contains general information that is not suitable for everyone. Past performance is no guarantee of future results. There is no guarantee that the views and opinions expressed in this newsletter will come to pass. Investing in the stock market involves gains and losses, including loss of principal, and may not be suitable for all investors. There can be no assurance that any particular strategy or investment will prove profitable. This document contains information derived from third party sources. Although we believe these third party sources to be reliable, we make no representations as to the accuracy or completeness of any information derived from such sources, and take no responsibility therefore. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Certain statements contained herein are forward looking statements which point to future possibilities. Due to known and unknown risks, other uncertainties and other factors, actual results may differ materially from the results portrayed in such forwardlooking statements. Please remember that Centerline Wealth Advisors does not provide legal or tax advice, you should speak to your legal and tax advisors about your specific circumstances. Centerline Wealth Advisors, LLC (“Centerline Wealth Advisors” or the “firm”) is an SEC registered investment adviser with its principal place of business located in Kentucky. Registration does not imply a certain level of skill or training. Centerline Wealth Advisors may only transact business in those states in which it is notice filed, or qualifies for an exemption or exclusion from notice filing requirements. For information pertaining to the registration status of the firm, please contact the SEC on their web site at www.adviserinfo.sec.gov. For a copy of the Centerline Wealth Advisors Privacy Policy, Terms of Use, Disclosure and ADV Document, click the links above.

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Succession/ Exit/
Continuity Planning

You love your business and what it has done for your clients, your family, and your self-image. We completely relate! Having a coach to help you consider the endgame and all of its possibilities is crucial.

How will you deal with the tax liability on a transition, and will you capture enough wealth to sustain you and your family? Are you familiar with methods to help you or your family potentially defer or eliminate capital gains taxes on the sale of your most valuable asset? How will you reinvest the proceeds? Strategic thinking usually precludes simply waking up and deciding “today is the day” you will sell. 

The elephant in the room is one of the Five D’s we fear most — death. Without a succession plan, estate taxes due nine months after your demise could doom your business or your family’s finances. The rest of the 5 D’s are disability, divorce, distress, and disagreement. 

Our team of experts can help you plan for all of these and prepare for the transition well ahead of time to help you imagine the next phase of your financial life.

In addition to these, there are many other areas in which Centerline helps its business owner clients succeed. Ask us how we also help our business owner clients with:

Centerline Wealth

Ormsby III Bldg., 10200 Forest Green Blvd Suite 311, Louisville, 
KY 40223

info@centerlinewealth.com

Phone: (502) 242-1561

Contact us to learn more about how we can help you maximize your company’s value.