Business Succession Planning

A solid succession plan can drive business growth, reduce taxes and, in family-run businesses, preserve harmony within the family while carrying on your legacy.

Whether your succession planning includes an outside buyer, a merger or acquisition, or you are passing your business internally to a predetermined individual or family member, it is a process you want to approach thoughtfully and strategically.

When an exit strategy is planned out, it can:

  • Reduce your company’s risk and protect the future of your employees,
  • Generate buyer interest,
  • Increase valuation for owners/shareholders, and
  • Set the stage for retirement.

In this video, MFB managing partner Tom Terry speaks about the transitions that should take place as part of a successful exit strategy.

Get started right away and download your FREE Business Exit Plan Checklist

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