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.

Related insights


10 success tips for the family business and its next generation

Get key tips for bringing the next generation into the family business. These lessons learned can help propel the enterprise.


10 mistakes business owners make when thinking about whether to exit

Alleviate the stress of your business sale or transition by addressing 10 key missteps many business owners make.


Why we call it business transition planning

What is the secret to a successful business succession and transition for owners? It starts with a sound plan.

Keeping the business in the family: Third generation's challenge


Keeping the business in the family: Third generation's challenge

Learn the key ownership and business readiness steps taken to successfully transition this family business from generation to generation.


Business planning: Why conduct a multiyear strategic financial plan

Learn how a comprehensive business plan helps company leaders define long-term objectives and the steps to take to achieve them.

Receive our tax newsletters by Email


How can we help with your business succession planning?

See more insights >