In the life-cycle of a business, there comes a time when the owner who founded the business wants to retire.  Whether the potential new owner is a family member, an employee of the business or an outsider – it is a good idea to get feedback from someone who isn’t involved in the transaction.  To that end, we offer business succession planning services.

Insight Business Succession Planning Solutions:

• Planning with owner as to timing and structure of a future sale
• Researching industry-specific multipliers & typical transfer terms
• Business valuations based on industry standards
• Formation and evaluation of alternate deal structures
• Researching and evaluation of financing alternatives
• Calculation of tax effects to the business and the owner(s)
• Reporting of completed transaction to tax authorities
• Working with new owner & their key advisors for a smooth transition

As with any planning opportunity, the sooner you start – the more control you have over the outcome.  We like working with owners years before they plan to sell a business so they can realize the most from the transaction.