Business Succession Planning

There comes a time in the lifespan of a company when the owners will want or need to transfer their business to others. When thoughtfully planned in advance, business transfers of privately or closely held companies can proceed smoothly and successfully.

Graham Shepherd CPAs offer the talent and years of experience to advise on business succession plans, whether a new owner has been identified yet or not.

Issues to contend with might include:

• Tax consequences
• Psychological implications
• Loss of business
• Business continuation
• Debt retirement or assumption
• Premature death
• Deal structure
• Payment terms
• Recourse considerations
• Legal matters

Planning ahead now can minimize wasted time later. Come speak with us about the future.