Business Consulting
Succession and Transition Planning
Today’s market demands it.
We can help you prepare for the upcoming baby boomer retirement wave.
According to several national studies, 50 percent of all business owners and leaders are within five to 10 years of retirement. In the vast majority of cases, there is not an identified successor to manage and lead the enterprise, and there is no plan in place to ensure that this transition is orderly. Identifying the right people to fill these leadership roles and helping them to be prepared for assuming the management roles have a direct impact on business value as well as on the continuity of the enterprise.
Moss Adams LLP has been helping businesses prepare and execute their succession plans for over a decade. Moss Adams has integrated tax and estate planning considerations into succession planning with the practical aspects of management succession and business continuity. Our practice is holistic when addressing succession, so we have the expertise to help you achieve your personal and business goals.
Although succession issues are often raised when owners are approaching retirement, succession planning, like retirement planning, is most effective when done sooner rather than later. An early start allows for more flexibility and the time to evaluate alternatives, and incorporates succession as an ongoing component of strategic business planning.
