Getting ready
Define your personal goals, identify key advisors, have a buy-sell agreement in place, get a business valuation done by a certified professional and more.
Retirement strategy
Your retirement plan should include a method for structuring the succession, defined roles for successors, a calculation of how the business will fund your retirement needs and more.
Succession planning
Have a written succession plan with a timeline, successors and key management personnel, a training program for successors and more.
