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.
To help business owners through key readiness considerations, RSM established the Center for Business Transition.
See below for more insights on business succession planning and some of the related tax issues business owners should consider.
Learn how to view the value of your business through the eyes of a buyer and what you can do today to plan for a successful transaction.
Less commonly considered succession planning tools can tackle the challenge of a limited market of buyers for a closely held business.
The RSM Middle Market Leadership Council survey highlights succession planning’s vital role for middle market businesses.
Successful succession planning requires discipline. RSM business succession professionals share tips building a team and transition tips.
Given the complexities of selling a business, the situations under which it doesn’t make sense to work with an investment banker are few.
Mezzanine recapitalization may provide a capital raising option for middle market businesses, but there are key conditions to consider.