5299 DTC Boulevard, Suite 1101, Greenwood Village, CO 80111 | 303-740-8001 | info@auctoris.com

Business Succession: Common Problems Facing Entrepreneurs:

Common Problems Facing Entrepreneurs:

  • No plan for passing the business
  • Control vs. ownership; when to pass control
  • Over-concentration of assets creating liquidity and diversification problems
  • No catastrophe contingency plan to handle the “Red Beer Truck” event to the owner or key management
  • Attracting, retaining and rewarding key executives to build a strong management team
  • Estate tax issues; step up in basis/installment sale; need for liquidity
  • Retirement
  • The role of estate planning in the succession plan
  • Family involvement
  • What role does the spouse play? If the owner is gone, how is the spouse paid?
  • Non-operating children; treating them all equally

How Prepared Are You?
Take this simple test and see how prepared you are to transition your business.

Download PDF

Revealing Questions for Your Key Management Team.
Get the answers to these 13 cornerstone questions and see if you have the right team to keep your company going strong.

Download PDF

Translate »