Studies show that $11 billion in value of closely held businesses and professional practices will be passed on to new owners over the coming decade. If you are not prepared for this happening, you should be.
You Will Be Leaving Your Business Someday – What’s Your Plan?
Whether you are a closely held business owner, a physician, dentist, lawyer, accountant or other practitioner, or a key employee, ultimately you will leave the business because of retirement, disability, death or the unknown and unforeseeable. Are you prepared?
At Secure Benefits Northeast, LLC,
we work with professionals and business owners to be sure they and their families are protected from the untimely and unforeseeable by preparing in advance.
Whether it is a personal plan or one that is business oriented, it all comes together to take care of you and family and those in the business who you want to protect.
Key issues to consider:
We will design a Plan that will establish your transition Plan, including comparative business valuation.
We work with your legal counsel and accountants to make sure that the Plan is properly established, documented and funded.
After implementation, we establish an agreed schedule for reviewing the Plan to see if it continues to meet goals as well as maintaining appropriate values over time.
