It is a fact that the majority of closely-held businesses do not survive the retirement or death of the principal owner. We are passionate about the planning process to develop new leaders and the continuation of locally managed and closely-held businesses. We can assist in the development of systems that allow the business to prosper without the continual attention of the principal owner. By taking time away from the business in “Palm Springs” so the business can run without constant supervision increases the business’ survival rate in succeeding generations.

Defining or finding the successor is only part of the process. How to actually transfer the business is an integral part, as well. We can assist in developing a plan to allow the business to be transferred at the maximum value with the most efficient tax strategies. This requires advanced planning and execution to be successful, it is never too soon to start the process.