If you ask around, you are bound to hear some unfortunate stories about families or business partners torn apart by differences in how to efficiently exit or transition their business to its next stage. It is important to develop a plan to ensure this transition is a smooth one, even if it’s triggered unexpectedly; a buy-sell agreement, or language included in any corporate document, are fundamental tools to assist you through this process. The transition of your business, handled properly, should be a very rewarding and liberating experience. We welcome the opportunity to discuss all of your business planning, valuation and advisory needs.
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Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today's financial and business world.