Advising business owners on their exit strategy
Ownership of a business frequently represents years, if not decades, of hard work and entrepreneurial savvy. Still, even the most astute business owners are often unfamiliar with the complexities and meticulous preparation that must go into a successful succession strategy.
Whether you're contemplating transferring your business interest to family members, liquidating assets or selling your share to current management or an outside party, you have decisions to make and complex issues to address.
If you're considering selling or transferring your business, you should begin to plan your transaction at least two years before you hope to complete it.
The transaction of a lifetime
Exiting the business you've built and nurtured over the years is not a simple task - financially or emotionally. Whether you choose to transfer your business to family members or sell it to existing management or a third party, assiduous planning is critical, as is the support of an interdisciplinary team with the expertise to help you articulate and achieve your objectives.