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There are roughly 24.2 million businesses in the United States, small companies (those having 500 or fewer employees):

1.    Represent more than 99.7% of all employers
2.    Create approximately three-quarters of the U.S. net new jobs
3.    Employ 62% of the work force
4.    Generate 64% or $5.9 trillion of gross domestic product

The vast majority of closely held businesses never make it to the third generation. Genesis Business Valuation & Planning has the experience and knowledge to help you value your business correctly. By providing you with the proper planning tools, Genesis Valuation and Planning LLC can help you position your business to continue from generation to generation.

Whether the business is going to the younger generation, outsiders, or some combination of the two, there are a host of business, tax and human factors that must be dealt with. When closely held corporations establish a sound method for business valuation as a part of a buy-sell agreement, everyone rests easier.