What happens to your business when you retire or die? It’s important to plan your exit strategy.
Are you building a legacy for your family? Building a profit center to sell?
“Certified Public Accountants ” ownership succession preparation and planning services ensure the transition of business ownership is equitable and compliant and that policy benefits are immediately available to cover the cost of the deceased’s share of the business.
You want to put strategies in place that will enable you to transfer ownership of your business without diminishing the value of it.
We offer the following Succession Planning services:
* Family Member Succession
Our accounting professionals have extensive experience in helping businesses plan for a successful transition of ownership. Ownership succession planning can include plans to sell a business or hand it over to a trusted friend or family member.
We are able to provide assistance no matter where your business is in the business cycle, be it a start-up to a mature, established company, and can help you determine how the transition will impact your personal financial goals.
Our succession planning services are designed to proactively plan for transitioning company ownership to younger family members or key employees. We will assist in the design of your company's succession plans to provide maximum benefits to the shareholder(s) and owners while minimizing the tax consequences to the shareholder and successor owners.
We will assist in the design of your succession plans that are specific to each situation and meet the specific goals and needs of the shareholder and successor owners.
You “succession plan” should focus on all areas of your business, which includes key people. You want your business to continue to grow and succeed and to continue to build the talent.