SUCCESSION PLANNING
Succession Planning for Business Owners: Addressing Key Considerations for a Smooth Transition.
Succession Planning
1. needs
Determine your objectives, business value, and personal financial requirements for an effective succession plan.
2. controllable events
Explore sale options and retirement planning to ensure a seamless transition.
3. uncontrollable events
Prepare for divorce, illness/disability, and death scenarios to safeguard your business’s future.
4. Estate Planning and Buy-Sell/Shareholders' Agreement
Understand the importance of these documents in protecting your interests.
5. your professional team
Assemble a group of experts, including a financial advisor, succession planning specialist, insurance specialist, lawyer, and accountant/tax specialist.
6. get started
Contact us today to book a meeting and gain peace of mind knowing your business is well-prepared for succession.