Succession and Exit Planning

This intricate process of Succession & Exit Planning involves a comprehensive set of strategies, processes, and considerations aimed at ensuring a smooth transition of leadership and ownership from one generation to the next or from the current owners to external parties. Our specialized services encompass a range of activities designed to sustain the business's continuity, preserve family relationships, and maximize the value of the business during a transition. From preparing owners for exit and the next stage of their life to developing the next generation of leaders, we are comitted to ensuring a smooth and successful transition.

The strategic journey of succession and/or exit planning may include the following:

• Ownership and Leadership transfer

• Prepare owners for exit

• Review technical plans to ensure they are aligned with transition goals

• Determine business leadership needs for growth

• Develop and prepare the next generation to lead

• Prepare the next generation for wealth transfer

• Ensure complex wealth and tax plans are understood by all

• Bring together key advisors to ensure comprehensive and quick results

• Drive plans to completion

• Develop communication guidelines to ensure transparency of information

• Address emotional and social considerations of the transition or sale of the business

• Preserve legacy of the business and family