Business Succession Planning
Succession planning is an emotional journey. You have invested your life into your business, so it can be difficult to imagine the business existing without you. The first step in any business succession plan is to understand you, your business and your goals.
Succession Planning Process
What do you need from your business as you retire? You may want to sell the business to a partner for cash. You may want to sell the business, but maintain a presence as a manager. Or you may want to leave your business to your children. In any transition plan, you will face multiple business decisions and you must address your cash flow needs while new owners and managers take control. Our professionals can walk you through a variety of transition plans to determine the best fit for you and your business.