Ownership succession planning: 3 approaches
RECORDED WEBCAST |
Business owners should always anticipate the unexpected when it comes to succession planning. Careful planning makes strategic decision-making much easier and helps you avoid any pitfalls, whether you are looking to transition today or in years to come.
As the owner of a closely held business, how do you decide how and when to transition your business and, just as importantly, who will help you through this process?
During this 60-minute webcast, RSM professionals explored various options to consider when preparing for the business succession, including family transition, a management buyout and/or employee stock ownership plan, or a sale to a financial or strategic buyer. Topics include:
- Pros and cons of the three most common selling strategies
- Tax and advisory considerations for each option
- Building your support team