Whether you plan to sell your business or transition it to the next generation there will be decisions to make and planning to be completed.
To maximize proceeds and/or minimize tax, planning must begin well in advance of the anticipated transition date. Putting in place a formal succession plan will ensure stability for employees and customers through the transition period as well as ensure a stable and predictable retirement income stream for the owner.
To help you stay informed, we have prepared an article to go over whether to sell or succeed. Get a copy of the article for free today!