Our Firm Provides Objective Guidance for Successful Succession Planning
A well-designed succession plan is critical in the evolution of a business, whether that is from one generation to the next in a family-owned business or in the future sale of the business. There are many considerations involved in finding the right succession plan for your situation, including:
- What is the owner’s vision for retirement?
- What is the value of the business?
- Who will purchase the business?
- What is the time frame for the owner to exit?
- What drives the value of the business, including industry expertise, staffing, processes, and/or the client list?
At Valley Tax, we will meet with you to understand your personal situation, and then we will work to craft a succession plan that addresses your specific needs and future objectives.