According to the National Association of Corporate Directors, less than one in four private businesses have planned their exit strategy. While you may not want to think about giving up the business you’ve worked so hard to build, business succession planning is a vital part of ensuring its continuity whether you decide to pass it on or sell it.
If you’re not sure whether or not you need help positioning your company for long-term success, ask yourself the following questions:
- Have you been looking to sell your business?
- Are you lacking a well-defined succession strategy?
- Are you paying too much in taxes?
- Do you lack confidence in your plan for the unexpected?
If you answered yes to any of those questions, Avidian Wealth Solutions can help you to refine your business succession planning strategies as part of your high-net-worth wealth management.
Our multi-disciplinary team of financial experts has extensive experience handling the complexities that many Houston business owners and entrepreneurs face when it comes to establishing their formal exit strategy. From helping you choose the right successor to discussing a buy-sell agreement with your attorney, we are here to help you set your business up to endure long past your lifetime.
Schedule a consultation with us today to learn more about we can help with your business’s succession planning.
