Business Succession Planning
You aren’t planning on working for the rest of your life — right?
If you’re like most business owners or executives, you’ve probably considered how you are going to exit your business. You may have thought of going public, selling, or retiring and handing over the keys to your family.
Whether your business is small or large, a business continuation plan should be a part of your overall business strategy. This type of planning covers planned exits as well as what would happen to your business due to an unplanned death or illness.
The BlackOak Group is poised to help you develop strategies that will fit into the vision you have for you and your company.
Planning your or your top staff’s exit is a big undertaking.
No matter how you exit — there are many implications on employees, your business structure, its assets, and your tax obligations. We can help you develop the best fit plan for your unique circumstance. Call our team of financial professionals today to find out more.