Business Succession And Exit Strategies
The purchase or sale of a business entity is a transaction that, if not properly handled, can cause potentially fatal disruptions. Many factors must be considered and accounted for to ensure that an owner or owners are able to seamlessly leave a business while a new owner or owners assume responsibility for the health of the business.
At Courey, Kosanda & Zimmer, P.A., we are a team of highly experienced attorneys who understand the level of attention needed to make sure a business transition to a new owner goes seamlessly and is done right. We proudly represent buyers and sellers in these transitions and we handle all types of successions and purchases including but not limited to:
- Business successions to family members
- Transitions to existing owners of the company
- Partner to partner transitions
- Sales to parties or entities outside of the business
- Employee ownership transformations
Preparations for ownership transitions can benefit from detailed planning. We help business owners realize their goals for the succession of their business, whether that situation is one meant to benefit family members, partners or some other party. We can help business owners lay the groundwork for an ownership transition that:
- Is seamless
- Preserves value
- Maintains existing business
More Than 60 Combined Years Of Experience Among Our Partners
At Courey, Kosanda & Zimmer, P.A., our firm understands the importance of successful succession planning, exit strategies, purchase and sales. Handing over ownership of even the most successful business can be a vulnerable moment. Whether you are the owner or the purchaser, you need to take all necessary action to protect your investments, your assets and the benefit you gain from the transaction. Our extensive experience and deep knowledge of commercial law and estate planning allow us to craft succession plans, exit strategies and purchase transactions that can ensure that the business you have devoted so much to will continue to flourish under new ownership.
Business Succession Planning In The Twin Cities Metro Area And Throughout Minnesota
We are committed to helping business owners and purchasers make the most of the transition of ownership. To schedule an initial consultation, call 763-398-0441 or contact us online.