Business Succession Planning

Business succession is a delicate process that requires a detailed strategy and tactical implementation. At Rosen Kuslansky, our accountants offer sophisticated business succession planning services to help you transition your business to its new owners. We will thoughtfully create and establish a succession plan that aligns with your wishes and addresses your business’s needs.

Helping Your Small Business Prepare for the Future

The day will come when you want or need to exit your business, either through retirement or sale. Succession planning provides a course of action to prepare you and your business for that moment.

Business succession is a planned transferring of ownership from yourself to one or more individuals. The new owners might be family members, one or more employees, or a third party. Planning for this process is vital because you ultimately want the end result to align with your personal, financial, and business objectives.

Whether your goal is to ensure your business’s survival, secure your family’s future, or maximize the proceeds from the sale of your business, it is important to remember you can never start planning too early.

How We Can Help

While most large businesses have a succession plan in place, many small and medium-sized companies do not properly address the matter. To be proactive, we recommend speaking with one of our experienced business succession planning accountants who will promptly and skillfully create and establish a comprehensive plan.

Our accountants will assist you in the following:

  • Ensuring your business’s financial statements are current and accurate
  • Identifying your company’s strengths and weaknesses
  • Reviewing all available options to minimize the taxes upon transfer
  • Providing financial forecasts and projections
  • Handling any issues as they arise, ensuring a smooth transition

We understand that you have worked hard to build your company into what it is today. Our team wants to help you ensure its continued success by implementing an effective succession plan.
Contact us today to get started. (212) 675-2600