Business Planning The future sustainability of your business depends on a solid succession plan – one that answers such questions as, “How will I transition my business?” “Who will take over?” “What happens if I lose one of my key executives?” “Should I arrange to sell my business?” As business owners ourselves, we have an intimate understanding of the many considerations you face and seek to alleviate some of your major stresses.This includes:Exit strategies. You may want to sell your business to a third party, to a partner, a key employee(s) within your company, or to your employees as a whole through an Employee Stock Ownership Plan (ESOP). If your business is family-owned, you may also want to arrange for a family member to take over. Whichever path you choose, we’ll help you make your intentions official so that the needs of you and your company are met.Contingency planning. What would happen if you passed away prematurely or were disabled? In addition to providing a buy/sell analysis, we will oversee that the appropriate financial plans are in place to keep your business running.Key employee considerations. Through reviewing executive compensation planning, 401(k) plans, health insurance and traditional benefits, we will help recruit, reward and retain your top talent.Succession planning. It is crucial to know what will happen to your business when you retire and having a succession plan in place is the first step. We will help you establish what the future of your business looks like and how to help you get there. We are also happy to coordinate with your other professionals, such as attorneys and CPAs.Never a day goes by that we aren’t learning something new and we love the ever-changing challenges we face together. Contact us today if you have questions about your business planning needs. Have a Question Name Email Phone Question Thank you! Oops!