If you own a business, retirement isn’t simply a matter of deciding not to go into the office anymore. For many people, their business represents a large portion of their wealth and the asset least likely planned for transition.
Succession planning should be a priority for any business, especially a family business. More than seventy percent of family-owned businesses fail to survive the transition to the second generation. Developing and implementing a well-designed succession plan is essential to the survival of a family business from one generation to the next or successfully selling your business for its maximum value.
We are able to assist with the following: