Business succession planning
You have worked hard to build a business. Few people who have not been in your shoes can understand what it really takes to build a successful enterprise. It is near and dear to your heart and often occupies most of your time.
But what happens if your time runs out before you expected? Is your family or your partner prepared to take over in your absence?
A business succession plan is more than just a will, although a will is an irreplaceable component. If you have partners, will they be able to come up with the cash required to purchase your share from the estate? Are you grooming successors to take your place?
Every business is unique. A good succession plan takes that into account and is crafted specifically to meet your needs. We work with other advisors you may have to achieve your goals.