It's no secret that only 30% of family-owned or closely held businesses transition to the second generation, and 15% make it to the third.
As a business owner, you may be wrapped up in the day-to-day operation of your company; however, not planning for business continuity can be devastating for you, your family, your heirs, and employees.
Let D.B. Root & Company and our on-site attorney help you: - Outline the potential options for the succession of your business.
- Ensure that proper funding is in place for the succession of your business.
- Determine the legal documents necessary in order to provide a smooth transition of your business.
- Explore the consequences of premature death or disability, and protect against them.
- Create a long-term strategy to ensure your business' full value is realized, enabling you to provide financial security for yourself, your family, and your business.
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