Business Transition Services
Often, successful owners are so focused on their business performance that they do not give much thought to the transition of ownership and leadership of their business, which will eventually change hands.
By dedicating the appropriate resources to developing a business transition plan, you can give yourself many more options than a transition brought on by unexpected circumstances. Have you considered if you would like to retain the business for family members, sell it to insiders or other shareholders? Maybe you would like to sell it to external buyers or take your business public?
At BDO, our business transition advisors look at the business and financial issues to help you build a plan that gives you options for how to exit your business. We work closely with you to address your immediate and future needs, including specialized services in the following.
Tax planning
Whether you are planning to sell now or in the future, our advisors can work with you to proactively manage your tax obligations with the goal of reducing the tax impact for both you and your eventual purchasers when you sell the business.
Valuations
You should know the value of your business even if you are not thinking of selling today. We can help you determine this and work with you to retain or grow that value to sustain the business and meet your retirement needs.
Divestitures, mergers and acquisitions
When you are ready to transition your business, we can work with you to meet your objectives. We advise on various types of transactions, including management buyouts, leveraged buyouts and joint ventures with the focus on maximizing the value of your business at sale.
FAMILY BUSINESS SUCCESSION PLANNING
Any business transition is a complex proposition that touches every part of your organization. Our advisors recognize that, when it’s a family business, it usually adds an additional layer of complexity beyond the business and financial issues.
To find out more about the business transition issues you may face, we encourage you to complete our Discovery questionnaire.
