Business Succession Planning
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he entrepreneur needs to consider exit strategies as early as the start of the business. This may involve identifying third party sale and purchase concepts of the use of business buy/sell agreements or employee stock ownership plans. We can assist the client by exploring the concepts, drafting the agreements, and helping the client create the mechanisms for funding those agreements. Business succession planning also relates to asset preservation and protection.
Many of our attorneys have baccalaureate degrees in business areas such as accounting, business administration, finance or marketing. We have represented small and large business enterprises since the creation of the firm and, as a firm, focus on representing the needs of business plans. Our clients vary from the start up single owner business to the multi-million dollar operation with multiple owners. We have experience in running our own business and dealing personally with the issues that are necessarily related to transfer of a business or profession from one owner to another or one generation to another.
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