ExitSMART™ Services
Maximize Your Life’s Work
You’ve worked hard to create a successful organization. Are you building a plan to get the most out of what you’ve built?
ExitSMART™ is a is a four-phase approach that takes an owner through the process of transitioning their business from beginning to end, including considerations for ownership, leadership, and personal planning.
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Take the ExitSMART™ Assessment
Is your succession planning on the right track? Find out with our ExitSMART™ assessment tool.
Testimonial
Rebel Heart successfully transitioned to a new CEO with ExitSMART.
The 4 Phases of ExitSMART
Build your comprehensive strategy with these key steps.
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Discovery
Develop a full picture of your personal financial, family and business situation, including perspectives of key stakeholders. This will ensure planning is relevant, customized and meets owners’ goals. This stage also includes review of emergency planning should there be an unexpected exit.
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Clarify objectives and outcomes
Analyze and merge personal, business and industry factors to establish timelines and strategies for transition of ownership and leadership.
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Document a clear, time-lined action plan
This ensures nothing is missed and there is no duplication of work between your professional team members, i.e., lawyer, accountant, etc.
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Implement
We work alongside you to ensure the required steps are executed and to support all members of your professional team, through to the completion of your transition.
Insights
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Confidence
October 03, 2024
Succession Planning Basics: How to get what you want for your business
Knowing what you need and what your options are is difficult to do on your own and often the reason business owners fail to plan for their own exit.
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Progress
September 25, 2024
Choosing the right talent: A guide to employee ownership and profit sharing plans
Boost business growth and employee loyalty with a well-structured ownership or profit-sharing plan that aligns with your goals and rewards top talent.
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Confidence
August 23, 2024
Case Study: Steps in estate planning
Retirees Phillip and Martha faced challenges in ensuring their estate wishes were honoured due to differing family opinions.
Contact Our ExitSMART™ Team
Kerry Smith CPA, CA, TEP
National Leader, Family Office Services
Kerry Smith, CPA, CA, TEP, is a Partner within MNP’s Professional Services team and National Leader of Family Office Services, part of MNP’s Private Enterprise group. Based in Vancouver, Kerry provides a comprehensive suite of services custom-designed to meet the unique needs of private enterprises and complex Canadian families. Kerry oversees the delivery of Family Office Services and helps his clients clarify and achieve their personal, family and business goals. With a strong focus on incorporated professionals and professional service firms, Kerry provides efficient and effective accounting, taxation and consulting services. He takes pride in looking beyond tax returns and financial statements to help clients achieve their personal and business goals.
Kerry builds strong relationships with clients, ensures that cross-functional teams within MNP are meeting their needs and responds to enquiries in a timely manner. He draws on past experience with the firm’s Professional Services team as well as two years overseeing the financial planning of high net-worth families to assist professionals with all aspects of their business, including cash flow management, debt repayment, retirement, and strategic tax and estate planning.
After earning a Bachelor of Business Administration degree from the University of Fraser Valley, Kerry became a Chartered Professional Accountant (CPA), qualifying as a Chartered Accountant (CA). Furthering his education, he attained the Trust and Estate Practitioner (TEP) designation in 2020. He is a member of the Chartered Professional Accountants of B.C. as well as a member of the Society of Trust and Estate Practitioners (STEP). Kerry has presented at numerous seminars and conferences focusing extensively on financial planning and tax planning