Business Owner Succession Services
Planning for Succession
In today's fast-paced, hi-tech, ever-changing world, building a successful business that will provide the lifestyle that you and your family seek takes tremendous drive and dedication, and no small amount of luck. Successfully transferring is even more complex and must take into account such issues as:
- What is a fair value for my business.
- Do I transfer to family members or sell to outsiders?
- If I transfer to family, is there sufficient talent for successful continuation?
- How do I structure the transfer to meet my personal financial objectives and minimize adverse tax consequences?
The BOSS Initiative
To address all these issues, Dalby, Wendland & Co. has developed a service we call BOSS (Business Owner Succession Services). BOSS is a comprehensive approach to addressing the issues affecting businesses and business owners considering a transition.
The BOSS process often begins with a specific task. For example,
a client asks us to help value their business or assist with the sale of the company. We respond to the specific request, but our BOSS Navigators – professionals trained to help you manage each step through the BOSS process – put the engagement into context with your business and personal goals:
- Have you identified the critical management succession issues?
- How will the transaction contribute to your personal financial goals and impact your lifestyle?
- How does this transaction impact your estate planning objectives?
- Does the business strategy and plan drive value or personal income?
- What is the impact on the business before and after the transaction?
- What are the emotional and human issues that must be considered?
Our Organization
Dalby, Wendland & Co. is recognized as a leading business advisory firm in Western Colorado. Our job is to help you – the business owners and your successors – find solutions to all of your transition issues. We have built an organization around multiple disciplines, and have the expertise to help you achieve your personal and business dreams, while minimizing the problems that can occur with businesses that are in transition.
The BOSS Process
- Situation analysis
- Personal financial planning
- Business & strategic planning
- Management succession planning
- Ownership transition planning
- Estate planning
Call us today. Let us help you with your transition.
