How the Strength of Your Business Affects Your Succession Planning Process

The company is often a business owner’s largest asset of his or her net worth, which creates a strong connection between how well an owner plans for succession and the value of the underlying asset. Early planning for the succession of your business can help you tackle unforeseen problems and challenges to achieve your goals.

Director Mike Pappas shared with Smart Business what goes into a successful succession plan and how the strength of a business plays a critical role in the planning process.

At Barnes Wendling CPAs, we understand this connection, and our advisors will work with you to establish, implement, and execute a plan to ensure the successful transition of your business.

 

Association of Internal Certified Professional AccountantsCPA Associates InternationalSmart Business World Class Customer Service AwardBusiness LongevityInside Public Accounting Top 300 FirmsMember of Exit Planning Institute