You’re here…NOW WHAT! There are more ways to transition a business than just selling to a consolidator. You can transition fast and you can transition slow. You can plan to have your kids succeed you or your employees or another funeral home operator. But the one entity you want to protect yourself from is the tax man. Bill and I are now experts in helping you transition your business they way YOU want to and keep more of what you get.
Succession Planning Associates owners Alan Creedy and Bill McQueen are pleased to announce that each has earned the Business Enterprise Institute (BEI) Certified Exit Planner (CExP™) designation for Exit Planning. The BEI CExP designation sets the standard for Exit Planning certification. Achieving the designation requires stringent training, rigorous testing, and in-depth Exit Plan Creation coursework.
“This is another example of the ongoing personal and professional dedication Succession Planning Associates brings to our funeral service clients,” stated Creedy. “We continually strive to increase our ability to better serve the funeral profession by achieving the highest professional and education standards in each of our service areas. In the end, it’s all about acquiring the expertise to employ the strategies that give our clients even more options in transferring their business to family, staff or third parties needed by private owners.”
The CExP requires more than 100 hours of live and online initial training and 30 hours of real-world casework creating exit plans. The program covers all areas of exit planning: the critical elements of a successful exit plan, understanding and identifying owner objectives, quantifying business and personal financial resources, maximizing and protecting business value, ownership transfers to third parties, ownership transfers to insiders (children, key employees, ESOPs), business continuity, family business planning and deferred compensation. BEI Certified Exit Planners are required to complete 30 continuing education hours every two years.
“Receiving this certification will give our clients greater confidence that the service they receive is professional in quality and adheres to ethical and industry standards of practice,” commented McQueen. “And like funeral professionals, we must complete continuing education requirements every two year to retain this designation – and more importantly – stay abreast of the latest changes in industry rules and regulations.”
“By successfully completing the BEI Certified Exit Planner program, Alan Creedy and Bill McQueen are now premiere Exit Planning professionals,” said John Brown, President of Business Enterprise Institute. “Their in-depth knowledge on a wide array of business subjects includes building a business’ value, identifying exit objectives, addressing key employee incentive planning and retention issues, incorporating business continuity planning, and establishing wealth preservation.”
About Creedy and Company: Headquartered in Raleigh, NC, Creedy & Company is a Business Advisory Service founded by Alan Creedy in 2008. His hands-on industry experience enables him to quickly analyze core problems, develop/prioritize solutions and implement strategies for quick turnaround. For more information, visit www.funeralhomeconsulting.org
About McQueen & Siddall: With offices in Florida and Arizona, McQueen & Siddall, LLP is a personal and business legacy law firm. The firm specializes in estate planning & administration, asset protection, business entity formation & succession planning as well as outside general counsel. For more information, visit www.LegacyProtectionLawyers.com.
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