For business owners who are nearing retirement, succession planning can’t be ignored. While it is sometimes as easy as moving over for the next generation, for many businesses it can be a complicated mess. At BSB, we can help you identify the most effective way to organize the hand-off, from a personal as well as business standpoint. Considerations such as the value of the business, the talents of the future leadership, the timing of any changes, and the buyout of current owners/partners are some of the issues that we can help you navigate.
There is no “one size fits all” when it comes to developing a succession plan for your business. At BSB we have assisted many of our clients through generational changes in the last 40 years, and we can help you.