Ultimately, the purpose of owning a business is to sell it. It is important to identify the options for the future of your business after you retire, even if your retirement date is some time away. Implementing sound business practises along the way will improve the worth of your business. An effective succession plan can help you extract maximum value, leading to a fulfilling retirement and a head-start for future generations.
Please refer to the Royce Cross Agencies or Tintinara IGA case study as an example of how Hattam McCarthy Reeves has applied this to a current client.
