THE FIRST STEP IN EVERY SUCCESSFUL SUCCESSION PLAN Before You Pass the Torch, Know the Value of the Flame
• Support fair transfers: Whether you’re passing the business down, selling it outright, or dividing shares, a valuation makes it easier to do so equitably. • Prevent unnecessary conflict: Financial clarity reduces emotional friction, especially in family-run or closely held businesses. • Enable smart planning: Valuation helps inform tax and estate strategies, ensuring a seamless transition with fewer financial surprises. Professional Guidance Makes All the Difference You built your business with strategy, passion, and purpose. Now, take the same thoughtful approach to what happens next. Whether you plan to pass it on, sell it, or simply want to be ready for the future, it all starts with knowing its value. At Merlino & Gonzalez, we work alongside business owners every day to help them protect what they’ve built and plan for what’s next. Reach out today to schedule your consultation. Let’s put the right number on your legacy and create a plan that honors it.
If you’re a business owner thinking about the future, there’s one essential question you need to ask before anything else: What is my business truly worth? Succession planning starts here, not with paperwork, not with promises, but with numbers. Until you know the value of what you’ve built, you cannot plan where it’s going or who should take the reins. Start With the Facts A business valuation provides an accurate, objective picture of what your company is worth. It looks at factors like financial performance, assets, market position, and future growth potential to calculate fair
market value. Without this number, the rest of your succession plan may be built on guesswork or outdated assumptions. Valuation provides a strong foundation for making informed decisions and setting realistic expectations with stakeholders, family members, or future buyers. Your Road Map to a Smoother Transition When you understand your business’s fair market value, the next steps become clearer and more effective: • Build trust: Partners, family members, and key employees can all operate from the same set of facts.
CLASSIC FISH FRY Michele’s Recipe Corner
INSPIRED BY FOODNETWORK.COM
DIRECTIONS 1. Pour 2 inches of vegetable oil into a large skillet over medium-high heat. 2. Cut cod into 4 servings and season with salt and pepper. 3. Place flour into a pie tin. Whisk egg and water in a second pie tin. Combine bread crumbs, mustard powder, and cayenne in a third pie tin. 4. Coat your fish in the flour tin, then the egg tin, then the bread crumb tin. 5. Set coated fish in hot oil and fry for 5 minutes on each side. 6. Serve with lemon wedges and enjoy! We’re in the middle of Lent, so there’s no better time to host your own fish fry for your loved ones! INGREDIENTS • Vegetable oil • 2 lbs fresh cod • Salt and pepper, to taste • 1/2 cup all-purpose unbleached flour • 2 large eggs • 2 tbsp water • 2 cups plain bread crumbs • 1/2 tsp mustard powder • 1/4 tsp cayenne pepper • Lemon wedges
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