The CPS Advantage
A well-thought-out and properly implemented business succession plan gives peace of mind to business owners, their families, employees, and customers alike.
The stakes are high for all affected parties. As Peter Drucker, the late management expert once noted, "The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let his successor run the company."
The challenge is clear: A business succession plan must be deliberate, manageable, and appropriately funded.
These pages are designed to introduce business owners and their financial advisors to common business succession strategies. Implementation of appropriately chosen plan enable a business to thrive today - and ensure an orderly and tax-efficient transfer upon an owner's retirement, disability, or death. Business owners, their families, employees, and customers can take comfort in knowing their future is secured structurally and financially.
The stakes are high for all affected parties. As Peter Drucker, the late management expert once noted, "The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let his successor run the company."
The challenge is clear: A business succession plan must be deliberate, manageable, and appropriately funded.
These pages are designed to introduce business owners and their financial advisors to common business succession strategies. Implementation of appropriately chosen plan enable a business to thrive today - and ensure an orderly and tax-efficient transfer upon an owner's retirement, disability, or death. Business owners, their families, employees, and customers can take comfort in knowing their future is secured structurally and financially.