Overview

Good succession planning is all about building the future value of your company and putting the processes in place to ensure that you can smoothly transfer knowledge, skills, management and eventually, ownership to a competent successor. This next generation can come from within your family, your senior managers or recruited from outside resources. Similarly, if you are injured or sick and need to retire, is your business packaged to sell quickly and cleanly?

Examples

• Plan scenarios based on retirement, death, disability or divorce.
• Establish methods for determining company valuation now and at any point in the future.
• Explore the tax implications for various exit strategies.
• Understand how value is recognized to optimize the value of your business.