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Rich Gunn
Partner @BPM LLP
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WORK HISTORY
Partner @BPM LLP
San Francisco, CA, US
Mission: Rich Gunn’s professional mission is to lead business owners to a successful transition and exit from their business. Many business owners wait far too long to plan for this inevitable transition. This should be the business owner’s finest hour, the culmination of their financial dreams, goals and aspirations. All too often, however, business owners exit their business with a feeling of regret. This happens when they waited until they are ‘ready to get out’ before start planning for that event. Without thoughtful planning early on, several things can go wrong:(1) they exit their business without developing it to its potential value;(2) they are financially and emotionally unprepared; and (3) they do not achieve the retirement goals that they dreamed of for so many years. With our guidance, business owners can dramatically change the outcome. Our approach to succession planning is about business value acceleration, and being prepared for a successful transition at all times. My message to business owners is that procrastination in transition planning leads to an irrevocable loss in enterprise value.Effective transition planning is not a selling strategy, and it is not merely an exit plan. Our approach is a value acceleration strategy that business owners can, and should, put to work in their business every day. Business owners can exit their business on their own terms and timeline, and with the confidence that they are well prepared. They can maximize their financial and personal satisfaction when they exit their business, through effective planning and execution. That’s what we do with our clients, as Certified Exit Planning Advisors at BPM.Rich joined BPM in 1992 to utilize his experience to help business owners succeed. Previously, Rich worked in a ‘big 4 accounting firm’ as a Tax Manager: an experience that he thoughtfully refers to as “My early years in a white collar sweatshop.\"Rich also devotes time to recruiting top talent for BPM.
EDUCATION
Bernard M. Baruch College, C.U.N.Y.
B.A., Accountancy
ABOUT RICH GUNN
Assisting business owners from start-up planning through succession planning for over 25 years, with a focus on exit planning. A Certified Exit Planning Advisor, a Certified Public Accountant, with a background in tax advisory services, for owner-managed businesses.
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