Business Succession Planning

Expertise, guidance and encouragement

As a business owner, preparing for retirement and succession planning requires looking at the whole picture. Making sure you plan early and often with a team you trust develops a safe, proven and sensible plan for your retirement and the transition of your business.

How we help you get there

You have three options to consider regarding the transition of your business. You can sell it to a third party, transfer or sell it to family members, or sell it to current employees or management. No matter what course you take, the best succession plan is one that addresses five key topics.

Identifying Successors

A well-thought-out succession plan helps you pass on responsibility for running the company to a successor-owner, transfer ownership and extract your money. Identifying your path early helps determine next steps in your succession plan. Boulay assists with:

Timing is Everything

After years of hard work, we know selling or transferring your business at the right time is important. Boulay helps you prepare with:

Selling or Transferring Strategies

Deciding what you want to walk away with from the closing table sets your course. Whether it’s maximizing proceeds or leaving a legacy, we help create your plan with:

Structuring to Maximize After Tax Returns

Exiting can be complex and trigger significant tax consequences. We help you minimize your tax burden and safeguard your wealth. Our services include:

Preparation for “Life After Retirement”

Evaluating your financial ability to retire is critical, especially when most of your net worth is tied up in your business. Boulay assists with: