Business Planning

Business Succession Planning

Like many entrepreneurs, your business represents most of your personal wealth and years of hard work. By designing business continuity plans, we assure quality management and a smooth transition of ownership between stockholders and their families.

As you know, 65% of successful family businesses do not continue into the second generation. To protect and preserve your family business, proper planning, design and implementation is essential.

Types of Buy-Sell Agreements

• Entity Purchase Buy-Sell Agreement
• Cross Purchase Buy-Sell Agreement
• Non-Sell Buy-Sell Agreement
• Trusteed Cross Purchase Buy-Sell Agreement
• Wait and See Buy-Sell Agreement

Business Succession Planning-Outline of buy sell planning options.

Employee Stock Ownership Plans (ESOP)

• Corporate Finance Tool
• Business Succession Tool
• Tax Free Shareholder Liquidity
• Tax Deductible Shareholder Buy-Outs
• Tax Deductible Financing for Capital Costs
• Tax Deductible Principal Payments
• Tax Deductible Dividends
• Recovery of Income Taxes
• Conversion of Existing Profit Sharing Plan into Working Capital
• Tax Deductible Management Buy-Out
• Enhanced Charitable Giving
• Tax Deductible Family Transition
• Creditor Protection and Estate Planning

Key Executive Benefits

Successful businesses are always challenged to:

• Attract and retain key people
• Motivate and reward talented executives
• Provide selective fringe benefit:
• Qualified and Non-Qualified Plans
• Stock Options
• Employment Agreements
• Employment Stock Ownership Plans (ESOP)