BSP – Insights2017-09-11T14:31:24+00:00

Business Succession Planning Insights

View All Sikich Insights

Sikich Series on Tax Reform: Impact of Tax Reform on Choice of Entity

By |December 6th, 2018|Categories: Uncategorized|

The question of entity choice is again top of mind for many business owners, given the many changes that became effective January 1, 2018. With change comes a lot of questions and we’ve outlined

Sikich Series on Business Succession Planning: What You Need to Know About Business Valuations

By |December 3rd, 2018|Categories: Uncategorized|

Most business owners will have a valuation conducted a mere handful of times throughout their career. For this reason, there is often a great deal of uncertainty around business valuations, their purpose, and the worth

Sikich Series on Business Succession Planning: How to Value Your Business

By |November 5th, 2018|Categories: Uncategorized|

There are many reasons a business owner may want or need a business valuation, including negotiating a merger or business sale, considering new shareholders, estate planning, or marital dissolution; however, there are only a

Sikich Series on Business Succession Planning: Key Considerations in Succession Planning

By |October 1st, 2018|Categories: Uncategorized|

Some business owners do not consider the fact that their largest and most important asset is their business. Of course they are generally aware of the time, energy, and dedication they have invested in building the company. However,

Sikich Series on Tax Reform: The Tax Reform Act and How It Affects Business Succession Planning

By |September 13th, 2018|Categories: Tax|

Many business owners are considering the impact of tax reform on their organizations. Deciding what changes to make—if any—can present challenges. Common questions revolve around choice of business entity and the 20% pass-through deduction. As these questions come up or as business

Sikich Series on Business Succession Planning: The Power of Mentoring – Unite Business Plan with Succession Plan

By |September 10th, 2018|Categories: Uncategorized|

The owners of many companies launch their enterprises with a business plan, a written document outlining the company’s strategic objectives and practical means of accomplishing them. Likewise, many owners leave their businesses via a succession plan, a written document detailing how the

M&D Mini Series: More Business Leaders are Writing Exit Plans

By |August 9th, 2018|Categories: Manufacturing|

One of the most overlooked yet critical business strategies is succession planning. Business owners know circumstances can change quickly. Economic trends, health issues and buyout offers can catch owners by surprise. That’s why an exit

Sikich Series on Business Succession Planning: Make a Plan, Sell Your Business

By |August 6th, 2018|Categories: Corporate Development|

The old adage, “If you fail to plan, then you are planning to fail,” is applicable in many aspects of life. Planning and preparation lead to a higher level of success in both personal and business endeavors. When it comes

A Board Member’s Checklist for Succession Planning

By |March 3rd, 2016|Categories: Uncategorized|

There has been an increase in demand for business succession planning services as the baby boomer generation retires and ownership of business interest transitions. Many of the planning issues that are important to for-profit businesses

Comments Off on A Board Member’s Checklist for Succession Planning

Survey Reveals Surprising Trends in Succession Planning

By |January 29th, 2016|Categories: Uncategorized|

Ensuring the company is in good financial health, processes are optimized, customers satisfied and sales growing are a few of the tasks business owners focus on. There are no shortage of tasks and issue to

Comments Off on Survey Reveals Surprising Trends in Succession Planning

The Power of Mentoring: Unite Business Plan with Succession Plan

By |October 2nd, 2015|Categories: Uncategorized|

The owners of many companies launch their enterprises with a business plan — a written document outlining the company’s strategic objectives and practical means of accomplishing them. Likewise, many owners leave their businesses via a

Comments Off on The Power of Mentoring: Unite Business Plan with Succession Plan

The Biggest Mistake You Don’t Know You’re Making

By |September 28th, 2015|Categories: Uncategorized|

Have you planned for your departure from the business? Most family business owners don’t have a strategy for their exit whether voluntarily or unexpectedly. You may not think that’s a big mistake. After all your

Comments Off on The Biggest Mistake You Don’t Know You’re Making

This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.

Privacy Information

We use cookies to personalize the website for you and to analyze the use of our website. Click 'Privacy Options' to configure how we can interact with you and your device or computer.

Privacy policy | Close
Settings
private equity services construction accountants Agriculture Services Construction Services Non-Profit Services Government Services