Business Succession

by | Aug 27, 2015

[av_two_third first]

[av_slideshow size=’gallery’ animation=’slide’ autoplay=’true’ interval=’5′ control_layout=”]
[av_slide slide_type=’image’ id=’4075′ video=” mobile_image=’3427′ video_ratio=” title=’Business Succession’ link_apply=” link=’lightbox’ link_target=”][/av_slide]

[/av_slideshow]

[/av_two_third][av_one_third min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=”]
[av_textblock size=” font_color=” color=”]

Business Succession

Business succession planning is a process designed to assist the business owner to transition out of business and transfer ownership of business at the time of retirement while maximizing the business owner’s personal financial security
[/av_textblock]

[av_toggle_container initial=’1′ mode=’accordion’ sort=”]
[av_toggle title=’Purpose’ tags=”]
Addresses all eventualities including the possibility of death, critical illness or disability of a business owner.
[/av_toggle]
[av_toggle title=’Who’s this for?’ tags=”]

    • Key Person
    • Shareholder
    • Buy Sell Arrangement
    • Business Loan/Overhead Risk

[/av_toggle]
[av_toggle title=’Benefits’ tags=”]

  • Value of your business can represent a substantial source of income in retirement, therefore proper succession planning can ensure that the risks to your lifestyle in retirement is minimized.
  • If your hope is to have your business continued by one or more family members, then you will likely need to coordinate your business plan with your estate plan and explore any tax deferral opportunities.
  • Any unforeseen events could lead to problems in your business without proper planning. Advanced planning can ensure that you, your business and family are protected.

[/av_toggle]
[/av_toggle_container]

[av_hr class=’default’ height=’50’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′]

[av_button label=’Learn More’ link=’manually,/contact’ link_target=” size=’small’ position=’center’ icon_select=’yes’ icon=’ue805′ font=’entypo-fontello’ color=’theme-color’ custom_bg=’#444444′ custom_font=’#ffffff’]
[/av_one_third]

[av_section color=’alternate_color’ custom_bg=” src=” position=’top left’ repeat=’no-repeat’ attach=’scroll’ padding=’default’ shadow=’shadow’]
[av_textblock size=” font_color=” color=”]

Related Posts for Business Succession

[/av_textblock]

[av_postslider link=’category,14,16′ columns=’4′ items=’4′ offset=’0′ contents=’excerpt’ preview_mode=’auto’ image_size=’portfolio’ autoplay=’yes’ interval=’5′]

[av_textblock size=” font_color=” color=”]

Additional Strategies for Business Owners

[/av_textblock]

[av_hr class=’short’ height=’50’ position=’center’]

[av_portfolio categories=’22’ columns=’4′ one_column_template=’special’ items=’4′ contents=’title’ preview_mode=’auto’ image_size=’portfolio’ linking=” sort=’no’ paginate=’yes’ query_orderby=’date’ query_order=’DESC’]
[/av_section]