Business owners spend copious amounts of time and energy building a strong business, yet typically spend very little time considering an exit strategy. When pressed as to plans for transition, most express intent to sell the business, or leave it as a legacy for a family member to take over. In both instances, several years of planning and very specific business decisions may need to take place well in advance of any transfer of business. Our Business Law Team can assist you with the legalities of structuring and business planning required for effective business succession.