Succession Planning Services

Helping owners maximize the value of their business and prepare for the future

Many business owners – including owners of a family business – are often underprepared to exit their business and move on to the next chapter of life. It’s common to have unrealistic expectations of the worth of a business. In unfortunate situations, owners start the exit or succession planning process too late to maximize benefits they could have received using a timely, well-crafted strategy and plan.

Exit and succession planning looks different for all business owners. Knowing your options early helps you plan and make the best decisions for your business situation. Transitioning a business to new ownership requires a plan for maximizing the value of the business and minimizing adverse tax consequences. In addition, a sound exit or succession plan includes activities to develop new managers and prepare you for post-sale life, whether that path leads to retirement or a new business venture.

____________________________

A CLIENT’S PERSPECTIVE…

“I am always pleased with the level of service we are provided and continue to get updates throughout the year with changes that could affect us.”

Sarah Schwieterman – The Sarah Schwieterman Agency, Inc., Syracuse, KS

____________________________