How to plan and enact a successful transition.
Leaving business succession to chance could allow someone else to decide what happens to your business, and potentially at significant cost.
Planning early helps reduce the tax impact of ownership changes, as well as ensure a smooth and successful transition of the business to the new owner or owners. A successful plan will also help enhance the overall value of your business today.
The process of planning and enacting a successful transition consists of several steps, including:
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