Perhaps one of the most important decisions you can make
as a business owner is planning for your company's future.
You've worked long and hard to create this success so why not
help ensure your company's continued prosperity and growth after
you're gone? While the decisions and issues that come with
business continuation planning are seldom easy, we can help you
understand many of your options.
Did you know that of the 22 million family owned
businesses in the United States today,
1
less than one-third will
survive to a second generation, and less than 5% of those will
make it to the third?
2
The truth is, the great majority of
privately owned businesses lack a viable business continuation
strategy.
We'll identify some of the important considerations in
selling your business and handing it over to new owners,
including: buy-sell agreements, stock redemption, cross purchase,
"wait and see," gifts of corporate stock, life
insurance, private annuities, self-canceling installment notes,
family partnerships, management control, voting agreements,
proxies, voting trusts and public offerings.
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