A successful business succession plan hinges on transferring ownership, raising the business’ value and being sharp on tax strategies

There are a myriad of ways that a business owner can sell a business. This column highlights some of the various ways I’ve seen business owners structure the sale.

Three key reasons to have a plan for the succession of your business are: to help you make decisions about ownership; to maximize the value of your company at the time of sale; and to take advantage of tax strategies that are changing constantly in today’s world.

Check out the full article on page 12 of the Retirement Ready Magazine!

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