Creating Value in Small Businesses
Here at Lumina we support business owners in uncovering the value potential their business possesses, by understanding that financial statements only tell part of the story, we assist business owners in taking a holistic approach to capturing and quantifying intangible assets they have built into their business and cultures. You’ve put everything into your business, we help you structure a thoughtful plan striving to ensure your exit provides you with what you deserve – a transparent, valuable, and adaptable exit plan that’s been stress-tested and customized to you and your business’s specific needs.
Leadership Consulting
Culture drives your business, but what drives culture? We understand that a business’s most valuable asset is often the people they’re composed of. In today’s climate, it’s imperative that you as a business owner be able to reap the full benefits of your most valuable asset – that is why we offer leadership consulting through a guide of the highly respected and renowned GiANT Worldwide leadership program. By focusing on the individual strengths of your employees, we will help you to efficiently and effectively position your most valuable assets into their most valuable positions.
Legal Affairs
Whether you are an individual investor, owner of a small business, or both, a strong financial plan will always be legally valid and appropriately designed. Navigating the legal system can be challenging for those unfamiliar with the setting, we’re here to help. Topics that we generally assist our clients on include: estate planning, business succession, contracts, real estate, business filings, and deal market transactions.
Business Valuations
Valuing a business can take many different forms, we provide the most assistance and assurance to our clients by prescribing the best form for your circumstances. Taking this approach enables us to conduct the appropriate business valuation based on your need, in doing so we limit unnecessary complications and focus on the primary value drivers of the firm as a whole. Depending on your situation, this process can become quite complicated. For example, if you are in the process of facing internal and/or external legal battles, we will be able to include the appropriate outside resources into service for our clients. Whether your valuation exists on the low or high end of complication, we look forward to providing you with the highest level of cost effective support throughout the valuation process.
Business Succession Planning
As a small business owner, you’ve put everything into your business, we understand how important it is for our clients to be able to smoothly transition out of the business in a manner that is conducive to continued financial success for the business itself. The most important step is identifying the best suited party to take the business over. We are here to help in this assessment, whether our client desires to pass the business down to family members, sell to managers, or enter the deal market. Implicit in any successful succession plan are the appropriate legal procedures that ensure the validity of the plan and can serve as a reference to simply the owner’s exit.
Risk Assessment
Available to build out…
Tax Services
Through years of experience in the financial services industry we have had the privilege of establishing a strong network of licensed tax professionals, including certified public accountants capable of servicing all parties involved. Whether our client is the business itself, management of the firm, or employees needing assistance with their personal taxes, our network of professionals is ready and willing to provide you with the highest level of service.
Exit Planning
Through the knowledge learned in the intensive credentialing program, our CEPAs holistically plan for an owner’s life outside of their business while successfully building significant value in their organization prior to their exit. Not only will our CEPAs be able to help you effectively transition your business, but they will also advise you on personal and personal financial matters pertinent to you and your business’s future financial success.
M&A Support
As a business owner who may not be fully engaged in the nuances of advanced corporate finance, the topic of Mergers and Acquisitions can sometimes be a daunting one. Luckily, our financial expertise enables us to assist you throughout this process, from assessing whether it makes sense for your business to pursue an M&A transaction, to providing trusted legal resources, our team is here to support you throughout the process. Some general indications that your business may be an ideal M&A target could include any one of the following: strong cash inflows, growth that is outpacing current available capital, operating in an industry that is actively consolidating, wanting to grow your firm while retaining a fractional equity stake, and/or being too large to finance through conventional small business avenues.