Plan a transition that's good for you and your business.
Have you thought about what to do with your company should you decide to step out of a leadership role or retire completely? To help your business succeed after you're no longer at the helm, start with a solid business succession plan.
Even if you plan to simply sell and move on, it's important to consider your options and your post-retirement financial needs.
Start planning well in advance.
Too often, inadequate planning and procrastination are the reasons why businesses fail. To ensure the continuity of your business after it's under new ownership, you'll want to plan early. Getting started without assistance can be daunting, but waiting may have a significant price. M&T Securities can help.
Get clear and objective professional guidance.
We recognize that your business is not static, so our Financial Planners will work with you over time to make recommendations and adjustments to your business succession plan as necessary.
Assessment. Our Financial Planners will evaluate your current personal financial situation and the needs of your business as well as identify your priorities and goals
Recommendations. We then develop a comprehensive financial plan that includes specific recommendations tailored to your personal and professional needs – including helping to ensure that a sale or transfer is done in a tax-efficient manner and that you and your family have adequate resources for retirement
Planning. Together, we will review strategies for the implementation of a sale or succession agreement, as well as other planning techniques that may apply to your situation