Business Planning

Business Succession Planning

Many successful business owners are so focused on building their businesses that they have never taken the time to plan for a successful transition. Even the most astute business owners are often unfamiliar with the complexities and meticulous preparation that must go into developing a business succession strategy.

Whether you’re contemplating transferring your business interest to family members or selling your share to current management, you have difficult decisions to make and complex issues to address.

At Capital Planning Partners, my advisors play a critical role in helping you develop advanced planning strategies to execute a successful business transition. Simply put, business succession planning is the process of determining how you’re going to transfer your business ownership and transition out of a management role, while ensuring business continuity and maximizing your personal financial security.

I help resolve many of the complex personal, financial and business issues facing closely held and family run businesses. Capital Planning Partners counsels private and family-owned business owners with a variety of business planning solutions, including:

• Buy-sell and funding strategies
• Integration and coordination of business and estate planning
• Planning for active and inactive children in family businesses
• Business succession and tax-advantaged transition strategies
• Retirement planning strategies