How to Smoothly Transition Ownership of a Small Business

Picture of The Kaizen Team The Kaizen Team · April 25, 2024

tax strategy business strategy retirement
How to Smoothly Transition Ownership of a Small Business
 

Unsure where to start with transitioning your small business? There are four main options for transitioning a business: selling to a private equity firm, selling to an internal employee, transitioning to a family member, or selling to an outside party. We emphasize the importance of professional guidance throughout the process, including an accountant, attorney, and business broker.  Planning for a successful transition should ideally begin three years in advance. 

Want to know more? Send us an email: bsb@kaizencpas.com

 
Is an S Corporation Worth It? When It Makes Sense

Is an S Corporation Worth It? When It Makes Sense

Choosing the right business structure sounds simple until you’re the one making the call. You hear “you should be an S corp,” but no one really...

tax strategy
Read, Watch, or Listen →
Tax Season: Why You Can’t Eat the Whole Elephant in April

Tax Season: Why You Can’t Eat the Whole Elephant in April

Tax season has a way of making things feel urgent, but by the time April rolls around, the decisions that drive your tax bill are already in the...

tax strategy
Read, Watch, or Listen →
Why Do You Even Need an Accountant?

Why Do You Even Need an Accountant?

Accounting has changed a lot over the last 30 years. The tools are faster, cleaner, and far more connected than they used to be. But the real value...

business strategy
Read, Watch, or Listen →