Succession Planning

Succession Planning

Nohre & Co., S.C. offers a proven framework for helping develop a practical succession plan customized for each business. This is vital to all businesses that are serious about longevity. Small businesses are confronted by many different types of risk: production, marketing, financial, legal and human. When the human risk involves a key person within the organization it is vital that a plan be in place.

While no one can plan for the unexpected having a strategy ready for execution, should various triggers occur, ensures a smoother transition. We can help implement a well-designed succession plan, whether from one generation to the next or one business partner to the next.

In short, we will help you pass on what has taken a lifetime to carefully build.

What does Nohre & Co., S.C. bring to an organization that is doing succession planning?

We provide Better Advice.

Succession planning starts with you and your goals and timeframes. Often the key concern is business value. While not to diminish this concern, we find an equal or more important key in succession is internal talent. We can assist with leadership development and corporate governance so that your goals can be obtained.

Nohre & Co., S.C. can also address these key issues related to succession planning:

  • Minimize Tax Consequences
  • Business Impact Analysis
  • Discuss Equality and Fairness
  • Design Family Control and Reporting