Have You Created a Transition Plan for Your Business' Future?

While it may seem like the last box to check, planning for the next generation of owners and managers well in advance usually leads to better operational, financial, and tax outcomes. That remains true whether the transition involves a sale to an outside buyer, passing to the next generation of family, or selling to employees. Busting the four myths of business transition planning, you can see how planning ahead is a component of protecting and strengthening the legacies you’ve built.