Business Succession Planning

Business succession planning is for business owners who are too focused on growing and running their businesses that they neglect to do any succession planning. For most entrepreneurs, their business will be a significant source of retirement income.

It takes careful and thoughtful business succession planning to maximize the value of a business at retirement or passing it on to family members.

  • Small businesses, especially those that are family-owned, can present complex situations as ownership is either transferred to another family member or a non-relative.

    The tax implications resulting from business succession can be significant and thus planning is critical.

  • Szarka advisors work closely with other members on the business owner’s team (CPA, legal, etc.) assisting them in developing and implementing a comprehensive succession plan.

Let’s get started! Szarka Financial advisors offer free, no obligation financial reviews to help make sure you’re on track. Contact us today to meet with a financial advisor soon!