Business Continuation & Succession Planning

Most business owners want to know that, in the event of their death or disability, their business will either (a) continue to operate smoothly under new management/ownership; or (b) will cease operations and an orderly transfer of assets to beneficiaries will occur. Careful tax and investment planning will assist you in meeting your personal objectives for the future of your business.

Alternatively, business owners want to know that as the time to monetize their business appears on the horizon, business assets will be protected, values maximized, taxes minimized and the business is prepared for sale at the maximum price. This requires thoughtful and deliberate advance planning.

You see, in the vast majority of cases, owners want to see their business continue to operate successfully after their departure from active management. At the same time they want to ensure that it is done it a way that brings significant benefits to them personally, as typically their retirement income is derived from the sale of their business.

It has been our experience that business owners become somewhat “lost” when the time comes to start realizing and withdrawing value from the business. Instead of building the business, which is second nature to a seasoned business owner, a new challenge is faced. This is where we can help. Our counselling and experience provides guidance throughout the planning and execution phases of your succession. We understand that just like building a business, attaining your financial independence and then protecting this wealth is a process – one that takes time, knowledge and expertise. You are at the “end-game”, moving into the twilight of your career. It is a different ballgame, and one where most business owners require guidance and support – not only in relation to planning their exit, but in recalibrating their lifestyle and their emotional energy.

We are here to provide guidance and direction – and to serve as a sounding board to your issues and concerns.