Family Business Growth Calculator (FBGC)
The FBGC calculates how much your family business needs to expand its profits* to support future generations at the same standard of living you now enjoy, we call this intergenerational equity. In our experience, your children will likely want (and perhaps even expect) to live your current lifestyle by the time they reach age 30. The FBGC projects the annual average growth rate your business profits* will need to achieve to pass down the business so it will support your kids at your current lifestyle.
NOTE/Disclaimer: This calculator works based upon your assumptions. The actual growth rate needed may be very different. Do not rely on this calculator as an accurate prediction of the future. Consultant your attorney, accountant and investment advisor to guide you on how to use this calculator and its results for any investment, spending, or other decisions.
*(sales will have to grow as well, but it is profits that pay for your lifestyle, not sales)