BUSINESS TRANSITIONS LAW

 

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It is never too soon to begin planning your pathway for a successful transition. Have you ever imagined transitioning from your business? Or daydreamed about selling your business? Where do you see your future? Over 80% of owners expect to transition from their business within the next 10 years. Did you know:

  • There is a high rate of failure (70%) in family-owned business transitions to second-generation owners

  • When surveyed only 40% of business owners felt that their transition was successful

  • Have you done all that you can to make your business as successful as possible to ensure a healthy transition?

  • Do you know what your business is worth from a buyer’s perspective, and are you mentally and financially ready to make the change?

 

 

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Don’t become one of these statistics – 100% of all businesses will go through a transition – we want yours to be as successful as it possibly can be. With our focus on Business Transitions Law, we have a range of tools that will help us quickly determine a number of key factors including how dependent the business is on you. Whether you are thinking about transitioning your business now or a decade from now it's never too early to plan for a successful transition.

When considering a transition we believe that planning should revolve around 3 key dimensions:

  • Your family - after all they are the reason that you've worked so hard,

  • Your business - protecting your assets, maximizing their value, realizing that value, and retaining it, so that

  • Your wealth - beyond the sale of your business is secure for many years to come. 

"Retain the value of your business, and plan for your future -- on your terms"

We focus on transition issues. All the issues.  Selling your business is legally complex and can require expertise in several aspects of law—and several lawyers. At the Rose Law Firm, we work with the experts to help you manage the transition process. Every aspect is covered.  We work with you now, so that when you want to sell your business—whether in three years or ten—you can be assured of a smooth transition and a favorable outcome.​ 

We have seen how complex, confusing, and even intimidating the business transition process can be. Whether you're selling the business outright, transferring it to a younger generation in your family, or shifting to employee ownership, the factors you must consider are numerous and, often, not obvious.​  Transferring ownership is the single largest financial transaction of your life. Wouldn't it be wise to consult with a law firm that specializes in advising owners on their business transitions? We can help you craft and implement a plan that leaves you in control and helps you retain the things that matter most to you.

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