Succession Planning
Succession planning is one of the most important activities conducted in any business. It should be started as long as 10 years before an owner-managed company or family business will change hands.
Questions to be answered include when the transition will occur, how the successor will acquire the necessary leadership skills, what will be the division of wealth and what plans are in place to keep the company viable and prosperous.
CPAmerica International member firms are leaders in planning for the special accounting and consulting needs of family and owner-managed companies. They know how to help you plan ahead for all the possibilities. Our firms can facilitate the smooth transitioning and transfer of wealth, ownership and leadership from one generation to the next.
Succession planning services our member firms provide to family and owner-managed businesses include:
- Mergers and acquisitions
- Valuations
- Wealth accumulation, preservation and transfer
- Business and personal tax planning
- Shareholder agreements
- Strategic planning
- Profitability enhancements
- Personnel services
CPAmerica’s professionals can be a valuable resource. They can help you improve practices, anticipate transitions, create opportunities and prevent or solve problems. Call a CPAmerica member firm in your area to assist you with the important planning for the future of your business.
