Succession/Exit Planning

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