Business Succession Plans: Do You Have One?

You’ve invested a lot of yourself in growing your own business. But have you prepared your company for a smooth ownership transition down the road? We recommend putting a plan into place now, while you can do it thoughtfully, rather than later, when you may have less time and fewer options. In addition to a detailed succession plan, you may want to obtain an updated valuation of your business by a certified appraiser. Other pieces of the puzzle include a holistic estate plan and a contingency strategy in case you become disabled.

Continuity planning is a critical part of your business’s future success. The earlier you begin the planning process, the better. Contact the team at GCW Capital Group to see how we can help you make informed decisions that work for you, your business and your family, and watch this video to learn more.