Succession planning is one of the most critical functions in every entrepreneurial, family or closely held business. But in most cases, it is not “top of mind”. 

Succession is not a single event, it involves more than tax planning or org charts. Succession plans and strategy involve a comprehensive approach taking into account stakeholders including management, shareholders, employees, boards of directors, critical strategic relationships.  And like all critical strategic plans it is created as a “living” plan, to be updated when necessary.   Our principals have experience guiding closely held companies in the succession process.