Succession Planning
One of the primary services we offer at Williams Strategic Advisors is succession planning. All closely held businesses have a life cycle. When the current owner decides to step away, succession planning becomes vital to carry on the mission that the owners have dedicated their lives to achieving.
To make the best decisions about the future of the business, WSA can help the owner[s] understand a variety of issues, including:
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Is there successor management in place?
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Does this management include members of the family and, if so, are they prepared to take over from the senior generation?
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Who among active members of the family is truly qualified to lead the company?
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What is in the best interest of the family, the business and its employees?
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Can the senior generation afford to retire?
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What is the best way to transfer ownership and what is the economic cost of doing it at the occurrence of different events—lifetime or at death?
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Is the company well-positioned to succeed and prosper?
To learn about how we helped the owners of Sandpiper Supply make the best decisions for their family through succession planning, click on the box to your right.