Services: Succession

Business owners always have many accounting and financial questions surrounding the succession of their business. At some point, you will be ready to pass it on to the next generation, transition the operations to key employees or sell outright to a third party.

Transitioning ownership of a closely held or family-owned business is a complex and tricky process that involves many financial, management-accounting and forensic-accounting procedures. In addition to the various technical and tax issues, there are usually family dynamics and individual circumstances that must be considered.

The professionals at Crowe MacKay can provide you with a strategic financial plan to meet your specific objectives and fiscal needs. We have extensive experience assisting business owners with planning and implementing vital succession decisions. As an unbiased outside advisor, we can assist you in evaluating alternative solutions and creating a succession plan alongside financial-succession audit reports, financial-risk analyses and legal considerations that are appropriate for your unique situation. The development and implementation of an effective succession plan will provide you with the assurance that your business will have a long and prosperous future. By tackling succession planning today, you can control the transition difficulties that could delay or even prevent an orderly transition in the future.

Our professionals can assist with the following services:

  • Owner/management succession planning
  • Estate and tax planning
  • Business valuations
  • Buy/sell agreements
  • Business and strategic planning
  • Testimonial

For more information on business-succession planning, contact one of our team members or your local Crowe MacKay office.


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