Sale & Succession Planning
Most business owners say that starting their company was the most important financial decision they ever made. The second most important financial decision? Exiting it.
A company – particularly one that is family-owned – typically represents more than half of the value of its owner’s estate at the time the owner decides to dispose of it. As a business owner, the advantage of using the divestible assets held within your company to ensure a carefree retirement can be huge.
A single statistic supports this observation. Few business owners – as low as 10% – have a written business sale or succession plan. If you are one of the 90% without one, we have a suggestion to make.
Start a Conversation With the Wooding Group
Even if you have a sale or succession plan in place it makes sense to talk with us. The discussion is without charge or obligation, and the results might surprise you. We have rarely reviewed a business sale or succession plan that can’t be materially strengthened and improved.
We can help you maximize your corporate assets, organize your company for sale to a third party, transfer it to family members, or structure a management buy-out. An hour is all it takes to find out how to preserve, protect and maximize the value of what you’ve taken so much time and trouble to build.