About Aspen Grove
We have managed and are currently managing significant business transactions. As business owners ourselves, we understand and empathize with your challenges. We have built, operated and divested of significant businesses. So we understand the preparation required, the many emotions involved in considering leaving and the strategies of transitioning a business. Most of all, the use of our proven process can increase the value of your business by improving your bottom line.
We are the only firm in the State of Iowa with the unique combination of Skills, Experience and Tools necessary to meet YOUR goals and objectives through ownership transition planning and execution. If you are a midwestern business owner considering transitioning to new ownership, we can help you develop and achieve your unique plan. Do you care about providing for your family, the continuation of your business and your legacy? So do we. We’ll help you Design, Implement and Execute an ownership transition plan to meet your unique objectives, maximize your returns and plan for the continuation of your business after your eventual transition.
Unlike some companies who dabble in exit planning, we are committed to the transition planning and implementation process. That means we’ll work with your existing team of advisors to ensure that we have explored and addressed potential issues to create a comprehensive plan involving everyone. However, we not only help you develop a personalized transition strategy, we also help you do the most important part -IMPLEMENT it. Just like a business plan or a marketing plan, a transition plan is no good unless you implement it. Implementation is often the most difficult challenge and many owners struggle with this step without help.
Since transitioning the ownership of a business is hard work, it takes focus, time and patience. Therefore following a proven process gets results. You must be serious about getting maximum value for your business and leaving your legacy in the hands of a committed, capable successor. Our process only allows us to be engaged in a limited number of client relationships each year. Each of our clients get the attention they need during this sometimes difficult and emotional process.
Another difference in our approach is how we are paid. No gimmicks. Instead, we charge commitment, project and success fees for our work. While others may try to sell you insurance, accounting. legal, or financial services our focus is on creating and implementing your transition strategy. Rather than getting annoying sales pitches and conflicts of interest, you maintain control during the process on who you do business with. How’s that for different???
Because we use a business model which maintains our independence, we’ll help you develop your unique ownership transition strategy. Following a proven process (over 25 years in the making) we:
1) Assess your business’ current condition;
2) Recommend ways to improve value, saleability and marketability; and
3) Implement your ownership transition plan
Focusing on assessing and improving critical areas of your business has three effects: First, it increases your operating income until you are ready to leave (and who doesn’t like that?). Second, it creates a multiplier effect on your business value in three ways i) by increasing cash flow – the engine that drives business value; ii) increasing the multiple that buyers are willing to pay on that cash flow, and; iii) minimizing the weaknesses that buyers will attempt to exploit to reduce your business’s value. Finally, it speeds up the process once you decide to pull the trigger on transitioning out of the business.
By identifying and strengthening certain areas of your business, we’ll make it more attractive to qualified buyers and they will pay more to acquire it.
- Complex negotiations
- Finance/P&L management
- Developing business structures
- Strategic planning
- Developing management teams
- Financial planning and management
- Developing realistic approaches to problem solving and strategy
- Interfacing with legal and financial advisors