Planning Your Business Ownership-Transition Strategy

There are a multitude of factors to consider when creating your ownership-transition strategy.

Do you still want to be involved with the business? Is it important that your current employees keep their jobs?

No matter when – or if – you’re planning to leave your business, it’s never too soon to start planning  ahead or thinking about your ownership-transition strategy.

Here are the most important factors to consider for each succession planning option.

 

Business owners often fail to plan their financial strategy even as they move towards selling their business, perhaps the most valuable asset they have. Defoe Redmount’s exit planning team provides guidance and counsel for business owners planning to exit from company to maximize exit value, reduce transition risks, impact long-term after tax financial strategy, and grow family wealth. Learn more here or contact us for a complimentary and no-obligation review of your exit strategy assumptions and long-term goals. See if we can help you maximize company exit value, reduce transition risks, impact long-term after tax financial strategy, and grow family wealth.