Finding Your Ideal Plan
At one point or another, every owner will leave their business. Herbein + Company will help you to ensure at that time; you, your family, the business, and the future will be protected.
The goal of our Management Advisory Services team is to work with you in finding a plan that best fits you, and to manage a smooth transaction between you and the future owners. Our team will meet with you to learn more about your business, discuss the individualized process of creating a plan, and help you find a solution.
Common reasons to create a succession plan include:
- You plan to retire but have no successor
- Your potential successor needs more training
- You want to minimize taxes
- You are not financially independent of the business
- Your potential successor does not have the financial resources necessary to acquire your ownership interests