A business succession plan details the systematic transfer of the management and ownership of a business from one individual (or group) to another. The modern business succession agreement is often called a buy-sell agreement.

Time devoted to strategic planning for business succession is extremely vital to the bottom line that results from each business owner's career in developing the business. Done correctly with the assistance of experienced professional advisers, business owners can preserve the value of their interest in the business so that it can be properly dealt with for the benefit of their families. Exit from the business can be accomplished with a minimum of cost and complication.

A business succession agreement can also deal with "key person" issues such as elimination of debt, extinguishing personal guarantees and replacement of lost revenue. It also ensures the outgoing business owner or their estate is paid a fair value for their interest in the business.

Human nature and random events can make the process fraught with stress and conflict. Through our work with business owners we have developed a

The Business Succession Gatekeeper™ (BSG) is our unique process created to ensure you and your other stakeholders have suitable mechanisms in place to protect your roles and investments in the business.

The BSG ensures your succession planning correlates with your will, trust and other personal estate planning documents.

As a successful business owner you know the importance of working with experienced professional advisers. Our unique Partner Access Program™ provides access to these specialized resources. It is a support system where the advisers understand how businesses work, how they survive and the measures that can be taken to help ensure that.