Succession Planning
Let your legacy live on after you retire.
Did you know…
- Approximately 90% of the businesses in the United States are closely held. [US SBA]
- Owners of companies valued between $5 million and $150 million state that there is a
two thirds chance that they will be retiring in ten years. [PricewaterhouseCoopers 2005 survey] - The success rate for transferring businesses is 30 percent for the second generation and 15 percent for the third generation. [US SBA]
As you can see, the statistics show that there will be
You’ve worked hard to build up your business, why not ensure that you can rest with
- Owner might have to sell from outside pressures
- Pay too much in taxes
- Lose control over the process and limit options
- Lose confidentiality during the process
- Watch a lifetime of work go down the drain due to poor planning
As the old adage goes, failing to plan is planning to fail. Please download the attached white paper and read about the inevitable!
Here at RG, we can work with you to develop a solid succession plan. We make sure to identify your goals and develop the plan around them.
We look forward to hearing from you