Business Transition

Business Transition or Business Succession Planning is the transfer of ownership to a successor.  The new owner could be a relative, a business partner or an employee or group of employees or a new purchaser.

Managing the transition process involves taking into consideration many factors such as the vision of the present owners, valuation, family dynamics, finance, tax implications, marketing and negotiation.  If not handled well, the process could be filled with hazards and result in financial reversal and regret.

No matter who the new owners might be it will be important to the current owner that the legacy of success will be carried on.  At the same time, maximising his or her return on investment will also be top of the mind.

For years, Kan & Company has been advising clients, helping them plan and execute their transition.  Call us, let’s talk.