Business Continuation & Succession Planning

Only one third of all family business in the United States are passed on to the next generation, and only half of those make it to the third generation. Furthermore, the life expectancy of a family business in this country is just 24 years. Often, this is not due to poor business performance but is the direct result of a lack of succession planning in American family business.

While many business owners and founders are working on growing their companies in the short term, they rarely plan for the long term. Our business continuation planning services are geared specifically toward family businesses in need of assistance with the formulation of an effective plan for leadership succession. We work together with the principals of the family business to determine how best to pass on leadership of the company from one generation to the next. When left to the family to sort out, succession planning can be an emotional and often divisive process, especially in a company that is not already committed to a pre-determined direction for future leadership.

Our goal is not to develop a succession plan for you, but to help guide you through the often difficult decision making process and arrive at a strategy that meets the unique needs and goals of your company and your family. This is a process that we know well and one that we have already undergone with many companies is helping them develop successful business continuation plans.

Don't let your company become a victim of lack of planning. Let us help you plan for the future leadership of your company and insure that it will be in business for generations to come.