Business > Business Succession
succession is the means for business owners to retire
This usually requires long and careful planning to ensure that the owners receive the maximum return on their years of investment.
legal, financial, and accounting teams work with you to analyze all
the variables involved in determining a selling price, identifying potential
purchasers, negotiating the sale or transfer,
cases the purchasers are family members, employees, or some combination
Typically we encourage business owners to begin a planning dialogue with our advisors very early in the retirement thinking stage in order to have sufficient time to adequately plan the process. It is not unusual for the process to take several years to be implemented.