Succession Planning

Every business owner thinks about selling and retiring. Whether it’s selling to a partner, a family member, a competitor, an outsider, an asset sale or a share sale, you should get professional advice before you proceed.

There are a number of ways to sell a business. Taxation of the business or shareholder may determine the ultimate course of action. In many situations taxes can be significantly reduced or deferred on the sale of a business. It’s always best to review the options and be aware of the opportunities before making any final decisions.