Business Ownership and Management Succession Planning
Planning for the succession of a business means weighing dozens of competing and sometimes conflicting issues:
- Should the business stay in the family or should you sell?
- How and when should you transfer control?
- How do you communicate and document your goals and vision?
RSM works with you to address these and other issues from a personal, financial and operational perspective, and to design a succession strategy that matches your vision and fits your circumstances.
See below for more insights on business succession planning and some of the related tax issues business owners should consider.
The RSM Middle Market Leadership Council survey highlights succession planning’s vital role for middle market businesses.
Less commonly considered succession planning tools can tackle the challenge of a limited market of buyers for a closely held business.
Learn how and when to negotiate a sale for a successful ownership transition.
Family attribution rules can cause complete corporate redemptions to be characterized as dividend distributions rather than exchanges.
While a popular subject in the financial press, using IRA funds as start-up capital involves tax complexities that can lead to dire results.