Business Succession Planning
Often successful business owners face the ultimate decision of retiring from their business, selling it, closing it down or passing it on to the next generation. Any of these tasks can be achieved if a concise Succession Plan is put in place to cover any of the above mentioned exit strategies.
The best time to address these alternatives is now, not later. By having the time and financial resources to design and implement a Succession Plan, a business owner is giving himself/herself the greatest probability of enjoying life in retirement while maintaining their current life style with the use of a business exit strategy plan.
Whether you plan on gifting or transferring your business to family members or employees, transfer of value issues can create major taxable events detrimental to your Estate. By utilizing additional resources such as Estate Planning and Business Succession attorneys and CPAs, we can guide you in the right direction to successfully achieve your retirement and succession planning goals.
For additional information or to schedule a meeting, do not hesitate to contact me by email or by completing the Contact Form found under the Our Location Tab above. Thank you for your interest.