Managing the complexities of business ownership
Whether you are starting a company, expanding an existing one, or transferring a mature business, you will likely face decisions that affect both your business and your broader wealth plans. A well-considered plan is the first brick in a stable foundation. Business owners often face decisions that affect both their business and personal wealth plans. Partnering with an advisor who understands the complexities of ownership and can provide insight on governance, succession, and transfer planning, while also taking into account personal financial objectives. A well-considered plan can help establish a comprehensive plan that accounts for liquidity needs, risk tolerance, family considerations, philanthropic goals, and long-term wealth transfer objectives. Early planning can help identify issues surrounding financing, ownership structure, governance, family involvement, and estate planning opportunities. At some point, the process of transferring ownership to the next generation can involve significant due diligence, financing considerations, and integration planning. Glenmede’s Business Owner Advisory Services (BOAS) offers guidance to navigate these challenges with a planning-led approach that integrates business and financial goals.
Opublikowany : 15 godzin temu za pomocą Steven Kaczynski Jr. w Business Finance
Whether you are starting a company, expanding an existing one, or transferring a mature business, you will likely face decisions that affect both your business and your broader wealth plans. Partnerin... [4011 symbols]
