Succession Planning
As a closely held or family business owner, your legacy and the ability of your business to thrive into the future is one of your top priorities. You built your business to provide for yourself, your family and your employees. Yet, whether it is the results of a sale, a planned turnover or an unexpected life event, the day will come when you are no longer running your business on a day-to-day basis. In order to ensure that your business continues to thrive when you are gone, you’ll need to plan for both expected and unexpected transitions.
Planning for business succession when key leadership retires or suddenly passes away will help ensure that your business has the stability, leadership and financial resources to survive. JPS is experienced in closely-held business succession, and we will apply our knowledge and experience to help you plan for the ongoing success of your business. Your transition alternatives may include the sale of your business, the handover of your business to family members or even the sale of your business to employees.
Our business succession services include:
- Employee Stock Option Plans
- Golden Handcuffs
- Transferring Ownership
- Positioning for Sale
- Funded & Insured Buyouts
- Negotiations
- Buy-Sell Agreement Consultation
To learn how JPS can help you plan for the successful transition of your business, contact a JPS professional listed below.
