Succession Planning

Succession planning helps to ensure that a smooth transition can occur when you’re ready to retire or sell your business. We believe succession planning should include the long-term goal of retirement, but should also focus on contingency planning to protect against unexpected events.

We can assist you in developing a succession planning strategy to help you:

• Time your exit to maximize value (eliminating the risk of a fire sale)
• Ensure continuity of service for your clients or customers
• Provide for an efficient transfer of business to a successor or buyer of your choosing
• Retire on your schedule
• Remove emotional decision-making
• Provide career-path opportunities to existing associates and/or elevate key employees to owners
• Coordinate with your personal estate plan to minimize estate taxes
• Plan for the unexpected