What is Business Continuity & Succession Planning (BCSP)?
Business continuity & succession planning focuses on planning ahead. These services help business’s prepare for an unexpected disaster, death or any other changes that spark transitions within the business. Business continuity & succession planning takes a range of personal and financial factors into consideration while creating a plan that meets the goals of each unique business.
The way in which a business transition is planned and executed can literally “make or break” your business’s future. Business transitions pose a host of personal, business and family issues to work through. There are financial and tax implications. There are performance issues. There are emotions. Having a well-defined business succession plan and process can protect and enhance your financial future while ensuring harmony among family members and employees.
Transition Point Business Advisors follows a proven process to help you successfully transition to the next phase of life and exit your business while protecting your hard-earned legacy, minimizing taxes and maximizing family harmony. We first focus on you as an individual. We learn about your values, goals and dreams – for yourself, your employees and your business. Your vision becomes our vision, and it guides every aspect of our succession planning process.
OPPORTUNITY MEETING – Discovery
PHASE II – Plan Implementation
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