Planning Programs

NextSteps

Next Business Impact University

With the NextSteps Planning Program (NSPP), participants will be taking their First Steps to buying a business or starting their business. Business Owners will learn to strategically plan and reinforce the financial piece of their business plans with sources & uses of cash, costs to promote the business venture, as well as covering all aspects of the loan application process to loan approval.

NextSteps
Educational Business Topics

BUSINESS BUYER SERVICES
    Marketing
    Assessment of objectives
    Establish financial expectations
    Assistance with your profile / résumé
    Outline your acquisition criteria
    Search multiple sources and enlist help
    Business Evaluating
    Preparing the Purchase Agreements
    Preparing Agreements
    Assistance with Financing

ORGANIZATION CONCEPTUAL PLANNING
    Legal Entity
    Management & Personnel
    Strategic Business Planning

ORGANIZATION DEVELOPMENT PLANNING
    Budgeting & margin planning (Cost accounting)
    Product cycles & overhead management
    Distribution channel planning & cost management
    Product Innovation & Development
    Inventory management (Systems and workflows)
    How to outsource effectively / Purchasing & Vendor management
    Facilities & Equipment (Systems planning) / Space planning (Industrial engineering systems)

ACCOUNTING SYSTEMS/STRATEGIC FINANCIAL PLANNING/CASH FLOW MANAGEMENT
    Recordkeeping
        Financial Statements
        Cash Flow Projects
        Sales Forecasting
    Budgeting/Where are the Numbers
    Financing
        Lending Guidelines
        Loan Applications
        Credit Handling
        How to Raise Private Money as a Viable Option
        JOBS Act & Crowd Funding
    Tax Allowances
        Section 179

NextLevel

Next Business Impact University

The NextLevel Planning Program (NLPP) is a program where participants learn to identify opportunities and bring them to fruition by creating an actionable investment plan. The program includes ongoing education specific to Real Estate Investing as well as Other Investment Alternatives. The ideal candidate is an investor (new or seasoned) looking to expand or revisit their current investment portfolio. Whether you own residential or commercial investment real estate assets, businesses, or highly appreciated stock we want to plan into the Next Level, may it be Exit Planning or Estate Planning. The Bankers Association estimates that over the next 20 years approximately $17 trillion dollars will exchange hands as one generation hands over its wealth to another. Much of this wealth transfer will be highly appreciated real estate which creates capital gains tax exposure when sold. Some commonly used tax deferral methods include 1031 exchanges, charitable trusts and traditional seller carry-back installment sale contracts. Two other options, a structured sale or deferred sales trust (DST) can be used with any kind of entity, e.g., LLCs, S or C election corporations, as well as individuals who own real estate, rental properties vacation homes, commercial properties, hotel, land, industrial complexes, retail developments to name a few.

Besides tax deferral, some reasons to incorporate NextLevel Planning include:

1. Maintain Family Wealth
2. Estate Tax Benefits
3. Estate Liquidity
4. Maintain Family Wealth
5. Retirement Income
6. Probate Avoidance
7. Eliminate Risks Associated with Ownership



NextLevel Educational Business Topics

EXIT & SUCCESSION PLANNING
    Incorporating Real Estate
    Types of Investments & Options
    Investment Analysis
    Why Buy vs. Lease
    Understanding Building Codes
    Property Issues: Zoning, ADA, Hazmat
    CAP Rates
    Getting your Business Ready to Sell
    Sellability Assessment

BUSINESS EXITING
    How to Appraise your Business/Property
    Due Diligence Process
    Buy/Sell Agreements
    Buy Out Loans/Financing
    Equipment Appraising
    Dealing with Family

TAX DEFERRAL STRATEGIES
    Capital Gains Tax Deferral Strategies
    1031 Exchange
    Other Alternatives
    New Tax Codes, National Debit and How that Impacts Investors

NextPhase

Next Business Impact University

The NextPhase Planning Program (NPPP) is a program where participants examine what is needed to get to the Next Phase within their business with an applicable exit plan in mind. The program includes ongoing education specific to growing a Business and maximizing the potential for their Business as well as Exit Planning Strategies. The ideal candidate is a Business Owner (new or seasoned) looking to expand while preparing to sell their business.

NextPhase
Educational Business Topics