Business succession planning is a series of logistical and financial decisions about who will take over your business upon retirement, death, or disability. The first step is to identify the ideal successor to take over the business and then determine the best-selling arrangement.

If you’re a business owner, you’ve probably thought of what you ultimately want to see for your business when you’re retired or just want to move on to a different project.

Whether you plan on selling it to someone or keeping the business within your family for generations to come, Strandlife Wealth can help.

Structuring a proper business succession plan takes a knowledgeable team of advisors to help you implement a strategy to avoid taxes, maximize benefits, and mitigate any potential risks. As a Certified Exit Planning Advisor, Parsa and his team will be able to assist with every facet of the transition, working closely with your CPA and attorney to structure the best strategy for your succession plan.

Contact us today to get started on implementing your business succession plan.