When creating a succession planning strategy, you may be thinking through who will take ownership of the company. Keep time on your side during the succession planning process. In this video Ryan Campbell, CPA, CVA and Andrew Labosier, CPA, CVA discuss the importance of connecting with an advisor sooner rather than later when planning for the future and transfer of ownership.
A calculation and/or full valuation of your business supports a stronger ownership position over time. By knowing your business value, you can build value into the company while identifying the right options for an internal buyer — or exploring the most legitimate offers from external buyers.
Are you ready to develop a succession plan? Our certified valuation analysts offer a no-obligation consultation to discuss your goals and why you should establish a baseline valuation for your business. Plan ahead for a smooth transition.
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