Most people view succession planning as something to be addressed when they are close to retirement. However, the best time to begin planning for your exit is ideally the day the business begins.
Effective succession planning, involves a myriad of decisions and questions including:
When left to chance, the answers to these questions and many others can all become a matter of timing. If luck is with you as you retire, the market will be up, the perfect person will be set to take your place and the value of your company will be at a premium. Otherwise, the most important question for any business owner may be, “Do you want to leave your succession planning and your financial future to luck?”
At Kerkering, Barberio & Co., we believe there is a better way to achieve your objectives. It starts with education and progresses into working with a team of people to help you develop and execute a plan for effectively transitioning your organization. Our services include:
No matter where you are in the process of succession planning, it’s vital to have the knowledge and experience of professionals to help you navigate the complexities involved. To learn more about how Kerkering, Barberio & Co. can partner with you to reach your goals, contact Robert Lane.
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If you have any questions, please contact your Kerkering Barberio representative.