Do you have a succession plan for your business?
If you are like over 87% of most business owners are too busy running your business to find the time to write a succession plan.
Having a plan in place, even if you have no immediate interest in selling or retiring, is good business.
How long would the business last without you?
An unexpected accident or illness will have your people wondering what to do next. A plan, in writing, keeps employees from panicking and the business keeps running as usual.
We help business owners put on paper the plans that are in their heads and prepare the business for the day it will transition to new owners, internal management or family members.
Our plans:
- minimize taxes
- maximize and protect shareholder values
- clear up or head-off shareholder issues
- create contingencies plans
- prepare a smooth transition to new ownership
- fund a full and meaningful retirement
It takes two to five years to implement this type of plan, so the need to start planning may come sooner than you think!
Please watch The Role of Business Advisors by Dr. Tom Deans
Call or email us to learn more about how we can help you pay less tax and fund a full and meaningful retirement.
Nick Godfrey | 905-815-7186 | Nick@ProInsure.ca