Simply thinking about passing the business torch to a successor or exiting the company you’ve worked long and hard to build is daunting. In fact, studies show that 80 percent of U.S. businesses are family controlled, and only 10 percent of these businesses survive the transition of management from the founder to the next generation. At RINA, our succession planning services will help to ensure a smooth and successful transition of your business to a family member or new owner.
Through our business succession planning, we’ll help you, the business owner, design and implement the transfer of your business to someone else - a family member, an employee or an outside third party. The succession planning and estate planning services we provide will always be aligned with your personal, family and financial objectives.
Succession and estate planning for your business shouldn’t wait until you are ready to exit the company. Some decisions, such as the form in which you decide to do business, should be made early in the life of your business.
Through our business succession planning we can help you:
There is much you can accomplish with the help of your tax, accounting and other advisors to increase the value of your business while you own it as well as when you transfer it. The return on the investment of time and resources placed in business succession services is often repaid to you many times over when you sell or transfer your business.