Plan your endgame
Explore what’s involved in creating a succession plan for your business.
Who will take over your business some day? Members of your family; a partner or key manager; an outside entity?
How do you want to transfer the business? As a gift to family members, sell it, or some other strategy?
Do you want a future role in the business or any ongoing benefits?
There are a variety of transition or exit strategies you might consider. As you compare them, it’s crucial to consult with your legal and tax advisors.
Click the Next button to explore the subject of business valuation.