Business Succession Planning

Running a business can be an all-encompassing enterprise, and all too often, business owners are too engrossed in the day to day aspects of their business to completely plan for the day when the business is to be sold or passed on to another individual. DGM can develop a business continuity plan and a business succession plan. The continuity plan enables an owner to keep things running while a potential buyer is found. It ensures preservation of the current business, keeping key employees and valued customers while the buyer is found. A business succession plan provides for an orderly and stable future transition when the proper time to sell arrives. If you or someone you know is thinking of selling their business, the first and most critical step is setting a goal to implement both a business continuity plan and a business succession plan and DGM can help you accomplish these tasks.