Tax Planning in Business Succession: A High-Level Overview
Take Control of Tax Planning in Your Succession Strategy Tax planning plays a central role in every successful business succession. The way you structure your
Funding the Transition: Insurance, Debt, and ESOPs
Funding Your Succession Plan Effectively Even the strongest succession plan can fall apart without solid funding. A transition might look perfect on paper, but without
Valuing a Private Company for Succession
Why Business Valuation Matters Valuation is the cornerstone of every solid succession plan. Before transferring ownership, you must know your company’s true worth. A credible,
Structuring the Transfer: Sale, Gift, Redemption, or Cross-Purchase
Structuring Your Ownership Transfer Once you’ve chosen who will take over your business, the next step is deciding how ownership will change hands. The structure
Choosing a Successor: Family, Management, or Outside Buyer
Choosing the Right Path for Business Succession When it’s time to decide who will take over your business, the choice can feel both personal and
What Is Business Succession Planning and Why It Matters
What Is Business Succession Planning? Business succession planning prepares your company for a change in ownership or leadership. According to the U.S. Small Business Administration,