SUCCESION PLANNING

Many business owners are so preoccupied with running the business to consider how or if the business will continue to run after they are gone. 

Business succession planning is key to continuity, especially if you have partners or family members who plan to keep the business going after you are gone.  We can help you determine the next generation of leadership, undertake a valuation appraisal, structure buy-sell agreements and even minimize taxes without adversely affecting your company’s financial stability. 

If you decide to sell your company, a comprehensive valuation of the business is critical to establishing value.  We help you put yourself in the best possible position to negotiate a financially successful sale by leading you through the valuation process, so all the years you spent building the business pay off for you.

If you plan to pass the business on to a partner or relative, we can help you structure a buy-sell agreement that can help fund your retirement or the next new venture.

Count on Taggart to ensure a smooth transition and continued profitability for your business.