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Business Succession

Business Succession

As a sole owner or part of a family business, you are devoted to building a successful enterprise. Making certain the business can continue beyond you is important and requires careful planning.

As experienced leaders in the complexities of effective business succession planning, we manage and coordinate the process of designing a plan for the efficient transfer of their business.  A strong plan maximizes value, minimizes tax, and maintains your identity and sense of purpose.

Beginning long before the actual sale, we work behind the scenes to provide:

  • Business valuations
  • Sales strategy
  • Market analysis
  • Buy-sell agreements
  • Installment sale
  • Split-dollar life insurance and key person insurance
  • Family limited partnerships (FLP)
  • Employee stock ownership plans (ESOP)
  • Grantor-retained annuity trusts (GRAT)
  • Tax minimization
  • Estate planning
  • Income creation
  • Guided philanthropy
  • Stock de-concentration
  • Business exit plan
  • Executive compensation arrangement

Throughout the process, we respect the substantial financial and intellectual investment your business represents. Whether you intend to retire or reinvest, we will help you find your next opportunity.

Minnesota Financial Advisor