Governance and Control: Buy-Sell Agreements, Boards, and Voting
Strong Governance as the Backbone of Your Succession Plan Strong governance transforms a good succession plan into one that works under pressure. Without defined rules,
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