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Business Succession Planning

What is Business Succession Planning?

What is business succession planning and why is it important for any business owner? They say you can’t take it with you: If you have built a successful business, you need a viable succession plan. In essence, you need a plan that will enable your business to withstand the absence of you.

Good business succession planning involves factors commonly associated with estate planning and transactional law. It often concerns complex family dynamics and intergenerational legacies, encompassing emotional components and practical realities. It calls for maturity and experience.

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Serving Entrepreneurs And Family-Owned Businesses

At Janathan L. Allen, APC based in the San Diego, California, area, we serve entrepreneurs and closely held businesses that want to move into the future with confidence. Equipped with decades of relevant experience, we can help you find answers to critical questions like:

  • What will happen in the event of my death or disability, or the death or disability of my partner(s) or family member(s)?
  • Can I sustain my level of personal involvement in the business?
  • Do I want to leave my successor with a thriving business or a huge financial problem?
  • How can I be mindful (and strategic) about the best interests of my employees, who may be most concerned with the continuity of their paycheck?
  • How and when do I transfer my assets to my children or grandchildren?
  • How do I determine whether (and if so, when) to sell the business?
  • Is a living trust or other estate planning tool useful in my situation?
  • What exactly would a business succession planning lawyer do for me?
  • Business succession is complicated. We can help you understand your options.

Contact Us To Learn More About Allen Barron Tax Services

For more information or to discuss your tax, legal and accounting needs contact Allen Barron or call 866-631-3470 for a free and confidential initial consultation. Learn about the importance of integrated business strategy and coordination across legal, tax and accounting systems.

Offices of Allen Barron, Inc.

Main Office

16745 West Bernardo Drive, Suite 260
San Diego, CA 92127
Phone: 858-304-0947
Phone: 866-631-3470
Fax: 858-376-1410

San Diego Office

5720 Oberlin Drive
San Diego, CA 92121
Phone: 866-631-3470
Fax: 760-741-1410

Las Vegas Office

333 South Sixth Street, Suite 230
Las Vegas, NV 89101
Phone: 702-749-4430
Fax: 702-933-1748

San Diego Office

750 B Street, Suite 2610
San Diego, CA 92101
Phone: 619-702-8356
Fax: 619-923-8356

San Francisco Office

300 Montgomery Street, Suite 410
San Francisco, CA 94101
Phone: 415-481-0475
Fax: 415-762-1539

Phoenix Office

40 North Central Avenue
Phoenix, AZ 85004
Phone: 602-903-7018
Fax: 602-357-1655