A Note from Marguerita Cheng, CFP® Pro — I invite you to tune in for this week’s episode of my podcast and video show, Margaritas with Marguerita, where for 15 minutes, we learn from industry experts how to flex our financial muscles.
Today’s topic: Exit Planning
Meet our guest: Amy Wirtz is a consultant with The Family Business Consulting Group and is passionate about helping families develop and define their purpose. She works closely with families to identify their goals around values, ownership, and financial wealth. Amy helps families establish family offices, councils, and enterprise governance systems to support these goals.
“I believe my role as an advisor is to educate families and business leaders on options and support systems that are available to assist in their continued growth and aligned vision,” she explains. “It is the families’ role to align and select which options best fit their needs. Once the family is aligned on their decision, I assist the family, owners, and leadership team in developing their implementation plan and ensuring it stays on target.”
Amy brings a diverse range of education and experience to family enterprises, including a bachelor’s degree in secondary education and a law degree. She served as a lawyer for 27 years, with the last 10 years practicing collaborative law. In addition, Amy is a trained mediator and skilled facilitator in conflict resolution, communication, and listening skills. Utilizing her expertise, Amy helps families identify their unique interests, goals, and plans for transfers of values, wealth, ownership, and leadership of their various family and business systems.
She serves on multiple family business advisory boards located in Ohio. She frequently teaches and speaks at business forums, including YPO, YPO Family Office, Private Company Governance Conference, and The Exit Planning Institute. Amy has a Bachelor’s in Secondary Education from Cleveland State Marshall College of Law and the University of Toledo. Learn more here: thefbcg.com.
Rita and Amy discuss:
- What is exit planning? And how did you get started in this industry?
- Why is it important to think holistically when considering a business exit?
- What causes involuntary business exits, and how can business owners prepare for the unexpected?
- What should business owners know about their exit options?
- How can business owners get started on their exit planning journey?
Learn more about Marguerita Cheng, CFP® Pro: MargueritaCheng.com