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
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
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