If you’re thinking of selling your business, we often advise our clients to start with the end goal in mind.
While business ownership can be an effective way to build wealth, the skills necessary for growing and sustaining a business are typically vastly different than the skills needed to manage and preserve the wealth that has been amassed.
For a small business owner, succession planning can be an emotional and complex decision, especially if you do not plan to keep your business within the family.