Using a Team Approach for Your Business Transition

Successful business transitions require a wide range of expertise. The business should be valued. It may be necessary to grow the business before the desired sale price can be achieved. The owner will need financial planning both prior to and after the transition. There will have to be planning done to minimize the tax consequences of the transfer as well as future estate taxes. There are risks of premature death and disability that will require insurance. No one advisor can reasonably be expected to provide the expertise in all these areas. Owners don’t have the expertise, and worse, they don’t know what they don’t know. Successful business owners are likely to be too busy running the business to effectively orchestrate a transition. Business owners need a quarterback to orchestrate a transition.

Meet our team of experienced exit strategy professionals.

The Business Legacy Strategies team recognizes how critical it is for business owners to plan an exit strategy. We understand the nature of closely held businesses and will assist the business owner with the creation of a liquidity event in the exit of their business.

Stephen T. Vesey


After 38 years as founder and managing partner of his CPA firm, Steve sold it to devote his full efforts into exit and transition planning. He has helped hundreds of baby boomer business owners get to the finish line and develop answers to the question "what's next?"

Recently Steve's efforts were recognized in his receiving the ninth annual Excellence in Exit Planning Achievement Award given by Pinnacle Equity Solutions. Pinnacle is considered the national leader in exit planning.

Steve is also a certified business exit consultant (CBEC) and a former certified valuation analyst (CVA). His 38 years of business ownership, plus having gone through his own exit, provides Steve with insight that most advisors simply do not have. He understands the process and steps involved in measuring your mental and financial readiness, creating a range of value for your enterprise, and crafting an exit strategy to meet your needs.

He enjoys sitting on the boards of numerous non-profits, being papa to 12 grandchildren, skiing, kayaking, and trying to lower his golf handicap.

Eric Bratt

Eric C. Bratt

Eric Bratt is a key business leader and entrepreneur with over twenty five years of progressive experience in bottom line business management. Following graduation from The University of Rochester in 1987 with a Bachelors degree in Economics, he attended Naval Flight Training in Pensacola Florida where he earned his navy wings. Mr. Bratt retired from active duty in 1995 and joined the family business, Bratt Machine Company in Boston. While leading Bratt Machine he successfully doubled the company’s size, increased the customer base by 50% and opened new markets. Following the successful sale of the company in 2005, Mr. Bratt founded Boston Staffing Group, a niche-recruiting firm targeting the needs of high tech manufacturers. In 2014 Mr. Bratt joined forces with Steve Vesey in the Succession Planning arena and in 2016 founded Business Legacy Strategies.