Tell us about your business, a brief history on how you got started, how it's evolved, where your successes shine and where the roadblocks to growth and less headaches lie. Feel free to include how it's impacted you, your family and your employees. Finally, please don't hesitate to include a link to your company's website(s).
Briefly list owners, their equity interests and role in business(s).
Are any of these entities holding companies or organized as Family Limited Partnership (FLP) or Family Limited Liability Company (FLLC)? Select… Yes No
Please provide brief detail, legal domicile and structure of holding company, FLP or FLLC.
Are you able to diversify profits away from the business to invest in other assets? Select… Yes No
Do you have a systematic process of diversifying profits away from your business to invest in other assets? Select… Yes No
Briefly explain systems and method(s) you use to diversify profits away from your business to invest in other assets.
Are you currently investing in other assets besides your business? Select… Yes No
Briefly list assets you're investing in outside of your business.
Are any family members active in the business? Select… Yes No, but that's the plan. No, but there's potential. No.
Please list active family members and their roles in the company(s).
Are you considering or planning for any family members to succeed you in the business? Select… Yes No Potentially
Briefly detail considerations and/or plans for family member(s) to succeed you in the business.
Do you plan to sell or transfer ownership of your business in the next . . ? Select… 1 year 2-3 years 5 years 5-10 years 10+ years No plans to sell I don't know
What are the primary driving factors leading your decision of when to sell or transfer ownership?
Do you have ownership, sale, succession or transfer concerns regarding your business? Select… Yes No
Please provide brief details of business ownership, sale, succession or transfer concerns.
Have you been working with your Attorney, CPA or other Advisors to plan for the sale, succession or transfer of ownership of your business? Select… Yes No No, but planning to.
Briefly detail the ownership transfer planning strategies and decisions you've made while working with your advisors and whether you've reached any roadblocks to implementation.
Have you had any recent offers to purchase your business? Select… Yes No
Please provide brief details on offer(s) to purchase business.
Do you know approximately how much your business is worth if you were to sell or transfer ownership soon? Select… Yes No I have a ballpark estimate
How did you arrive at that number? Select… Offers have been made recently Certified Business Valuation Business Valuation by CPA Business Valuation by Financial Advisor/Insurance Company Industry Rule of Thumb Multiple of Owner's Discretionary Income Guesstimate It's my number Other
Do you have a written Buy-Sell Agreement for your business? * Select… Yes No
Approximately when was Buy-Sell Agreement last reviewed/updated?
Does Buy-Sell Agreement contain predetermined method of valuation or valuation formula? Select… Yes No I don't know
What method of valuation or formula is used to value your business in Buy-Sell Agreement?
Have you recently performed a valuation of your business? Select… Yes No
Please provide brief details of business valuation and if it was performed by a Certified Valuation Analyst and/or firm specializing in Business Valuation.
Are you interested in having a business valuation performed on your company(s)? Select… Yes No Possibly
Does Buy-Sell Agreement include a predetermined funding mechanism such as installment sale, bank loan, sinking fund or life/disability insurance? Select… Yes No I don't know
Which funding mechanism does your Buy-Sell Agreement use? Select… Installment Sale Sinking Fund Bank Loan Life Insurance Disability Insurance Life & Disability Insurance
What type of insurance and when was the last time you performed a policy review for your Buy-Sell Agreement?
Do you have retention concerns regarding managers or key employees in your business? Select… Yes No
Please provide brief details of manager or key employee retention concerns.
Are any partners, executives, directors, managers or key employees operating under any "Golden-Handcuff" or "Profit-Sharing" carve-out Agreements? Select… Yes No No, we need to.
Please briefly detail your company's current "Golden-Handcuff" or "Profit-Sharing" carve-out Agreements or concerns regarding potential implementation.
Do you have a personal and business tax planning advisor? Select… Yes No No, we need help
Please provide brief details about your tax advisor(s), including any additional tax planning, strategies or advice you're receiving or not receiving, and your satisfaction level with the current tax guidance and strategy.
Do you have Private Banking needs for business acquisitions, expansion or start-up costs? Select… Yes No Not at this time
Briefly detail Private Banking needs for business acquisitions, expansion or start-up costs.
Does your business have Private Banking needs for cash-flow or working capital? Select… Yes No Not at this time
Briefly detail Private Banking needs for business cash-flow or working capital.
Do you have Investment Banking needs for Valuations, potential Mergers and Acquisitions, Leveraged Buyouts, Restructuring or exploring taking your company public? Select… Yes No Potentially
Please provide brief detail on your company's potential Investment Banking needs. Northern Pacific Asset Management, LLC does not provide direct investment banking services. Should you require potential investment banking services, we're able to introduce you to KMS Financial Services, Inc. parent company's affiliate Ladenburg Thalmann & Co, Inc., who specializes in middle-market corporate finance and investment banking services. For more information, please contact Northern Pacific Asset Management or visit https://www.ladenburg.com/investment-banking
