Do you have a succession plan for your business – Garden City NY

If you’re a business owner, have you begun to consider when you’ll slow down or retire? If so, there’s a lot for you to consider. Have you trained a management team to operate your company and increase its value? Or are you interested in selling your business? Have you considered who you would sell the business to? Friends, family, employee, a partner, or an ESOP? Have you considered how much you’ll sell it for or how it’ll be funded? All of these questions and more are factored into a comprehensive succession plan. Succession planning ensures that businesses continue to run smoothly after a company’s most important people move on to new opportunities, retire or pass away. We can help you determine which solution would be best to maximize the value you receive from your company. Partnering together, we can help you develop a successful plan for your business.

Call Petschauer Insurance in Garden City NY at (516) 419-5050