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Art and Sue recently had an opportunity to talk with David Jean, a partner at Albin, Randall & Bennett and head of their succession planning division, Altus Exit Strategies. David is very knowledgeable in the areas of the financial challenges of business succession and often works with STM to address the people side of the equation. David tells us that it’s never too early to start thinking about who your successor might be. Are they ready?

Listen in as we talk about:

• Business owners are often so busy working in the business, that they don’t have a chance to work on the business which puts their legacy at risk.

• The more time you have to plan, the better the outcome.

• Having a comprehensive exit plan can increase the value of your business 2-3 times!

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What can you do TODAY to get started on a succession plan? Check out David’s resources at www.arbcpa.com for answers to your financial questions.

Wondering how to choose and prepare your successor? Contact STM for a complimentary consultation.