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Succession Planning Readiness

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Can you answer “Yes” to these 10 questions?

  • Have you decided when you are going to exit your business?
  • Do you know how long it will take to transition your business?
  • Have you determined the amount of cash you desire?
  • Do you know what your business is worth today?
  • Do you know the key value drivers and how they impact the value of your business?
  • Do you know to whom you want to transfer your business?
  • Do you know the best way to sell your business, while maximizing your price, minimizing your taxes and limiting your liability?
  • Do you know how to transfer your business to family, employees, or co-shareholders, while securing your financial position and limiting your tax exposure?
  • Do you have a plan for your business if something unexpected happens to you?
  • Have you taken care of the security of your loved ones, if you pass away or can no longer fulfill your position with the company?

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With proper succession planning you will be able to answer “Yes” to all 10 questions! To get started on your succession plan, click the button below.