The best time to think about how to transition out of your business is well before you need to do it.
Many business owners are so focused on just keeping the lights on and taking care of their current customers that they never take time to think about their eventual exit strategy. As a result, too many businesses just close their doors when their owners retire, rather than the owners selling the equity they spent a lifetime creating. Let us talk to you about how you can make a smooth transition out of your business, and how you can continue to turn a profit (for you and your buyer) at the same time.
Here are some things we can discuss to help you reach your transition goals:
- Shareholder Agreements
- Buy/Sell Agreements
- Voting Trusts
- Estate Planning
- Key-Person Insurance
- First Rights of Refusal
- First Rights of Offer
Click here to read our blog posts dealing with Succession Planning.