For business owners, the business itself is the ultimate investment. It’s often all in, and the way to retire happily ever after. But what if “ever after” comes before you’re happily prepared?
The most significant evolution in the lifecycle of a business is the transfer of ownership. While these transfers are usually planned, sometimes they’re necessitated by unexpected circumstances, like death or disability. Whether planned or otherwise, a smooth and successful transition that maximizes a business’s value is the ultimate goal.
Are you transferring the family business to the next generation? Selling your company to your management team or employees, or perhaps to a third party? Have circumstances in your life suddenly changed, requiring a transfer of ownership?
Whatever your circumstances, taking the proper measures now will help ensure a successful transition when the situation arises. Comprehensive planning – early on – means less stress throughout the process and the greater likelihood of an optimal outcome.
If you’re not sure what steps you should be taking, or even what the first step is, we can help. With the insight that your business is distinct and your circumstances unique, our specialized team of business advisors creates clear and comprehensive plans that help you navigate:
- Business valuation
- Tax planning
- Transaction advisory
- Assurance and accounting
- Estate and succession planning
Armed with our team’s objective assessment and courses of action to consider, you’ll be better able to make informed, strategic decisions to protect your company’s value, family’s future, and maximize your ultimate investment – happily ever after.
Meet our expertsThe people behind the expertise.
Eric BarbieriCPA, CA, CTP, CIRP, LIT
Marc YedidCPA, CA
Jordan GouldCPA, CA
Vimal KotechaMBA, CPA, CA, CBV, CFF
Alain PérusseD.E.S.S. Fisc.
Diane TsonosLL.B., TEP
Earl FormanCPA, CA
Fred FuchsCPA, CA
Giovanni Di MariaCPA auditor, CA
Harvey ZalcmanCPA, CA
Jean DesrochersCPA auditor, CA
Jean-François CoutuCPA, CA, LL.M.Fisc.
Joe Lo DicoCPA, CA, CBV
John CharalampopoulosCPA, CA
Marie-Claude FrigonCPA, CA
Michael SzirtCPA, CA
Michel BabeuCPA, CA, M. Fisc.
Michel ReinhardtCPA auditor, CA
Mitchell SteinCPA, CA
Phil NadlerCPA, CA
Food for thoughtWhat’s in the news & what you need to know.
Life Insurance: Three Things You Haven’t Considered.
No one likes to think about the worst-case scenario (well maybe a few out there are more inclined to see the glass half full, but we digress…). Leaving your family ill-prepared for the time when you pass on isn’t an easy a situation to envision, let alone thoroughly think about or plan for. There are […]Click to read more.
The Summit Series: Fairness in Estate Distribution.
Equal or equitable? What constitutes a fair transition to the next generation? As a parent, an entrepreneur and an employer, you know the importance of leading fairly. Planning the transfer of ownership of your family enterprise to your children often revolves around the question of fairness. What should I keep in mind if all my […]Click to read more.
Succession planning and the Next Generation: How can millennials prepare for the family business?.
The family business is a source of pride. It’s a legacy; it’s an asset; it’s a lot at stake. And now it’s time for the Next Generation to start assuming a leadership role. Overwhelming? Yes. So how does one prepare for the responsibility? Children/grandchildren (or ‘the Next Gen’) may perceive a need to follow in […]Click to read more.
A holistic approachfocused on you
Whether for business or personal; with one challenge or our full suite of services, Richter’s approach is always strategic, insightful and all-encompassing. Guided by our values and rooted in trust, we’ve helped clients thrive for over 90 years.