Succession Planning

 

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Succession Planning

Put Our Experts On Your Team.

At some point every business owner will need to transition their business to new owners. Transition may be in the form of a business partner or management buy-out, transferring to family members or sale of the business. Every business or business owner should have a succession plan in place for when that day arrives. Planning should begin at least five years before your targeted transition date. Answering the following questions will assist you in preparing for the transition of your business.• Do you have a succession plan?
• When do you want to retire?
• What is your plan for your business at that time?
• Would you be comfortable with your management team’s ability to run your business if you were not there?
• Do you need help raising funds for an acquisition of another company as a growth opportunity?

Our experts can assist you in answering these questions and help you with your succession planning needs.