When Should I Start Transition Planning?
It is never too early to start planning for the transition of your business. Whether you plan to transition to a family member, your management team, or an outside purchaser, you want to maximize the value of your business. This process takes a great deal of time, so let CLA help you get started.
Start Yesterday!
The transition planning process starts with you identifying your dreams and goals and then developing a plan to get there. Have you ever asked yourself these questions:
- What are my options for exiting the business?
- Is my spouse going to be OK if something happens to me?
- Can I afford to retire and follow a new dream?
- How do I answer those phone calls from potential buyers?
- I’m pretty tired right now, so is this the right time?
Please join Samantha Metcalf and Lisa Horn as they start the conversation around business transition in this video. Stay tuned for further installments in our Owner Transition series.
Allyson works for businesses of all sizes, maintaining a primary focus on business tax and consulting. She provides her clients with creative resolutions for technical tax issues and clearly interprets proposed and existing business tax law. Moreover, her thorough experience with trusts and estates allows her to deftly guide clients through the complicated legislation and the intricate processes involved in compliance, maximization of returns, and sustaining business and family wealth. She first gained knowledge and experience working for several years in a national firm, in a small firm environment, and in solo practice. She was also a partner in a regional legacy firm for 15 years prior to joining CLA. Her extensive tax experience bolsters CLA's talented staff and cultivates client relationships and makes her an invaluable member of the professional and civic communities.
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