Strategies for Seamless Business Ownership Transition
Developing and implementing a well-designed succession plan is essential to the survival of any family business. Yet, while eighty-five percent of family-owned firms have identified a family member as a successor, just one in eight has a succession plan in place.
Your Path to a Secure Financial Future
If you already have a succession plan in place, then you’re already on your way to a secure financial future, but if you don’t, we are here to help.
Succession Planning: Ensuring Long-Term Success and Stability
As trusted advisors, we assist business owners in securing financial independence by structuring their business in a way that promotes long-term success and stability. We work with business owners and their families to develop plans for transferring business ownership to the next generation or to new leadership.
Tailored Solutions for Your Business Future
If you decide to sell, we work with you to identify the financial strengths and weaknesses of your business and develop a plan to maximize its value in preparation for sale. If you decide to keep the business in the family, we work with you to prepare your successor to take over the business or identify one if you haven’t already done so.
Comprehensive Succession Planning Services
Succession planning services include:
- Assist with the internal transfer to a family member
- Identify a potential buyer(s)
- Business valuations in preparation for sale
- Buy and sell agreements
- Estate and trust tax planning
- Gift tax planning
- Retirement planning and tax projections
- Business restructuring
Never Too Early to Plan Your Business Exit Strategy
If you need assistance figuring out which exit strategy is best for you and your business, simply fill out the contact form below or give us a call right now.