Calgary Succession Planning Lawyer

 

 

Help map out and implement your business' succession plans, so as to optimise your pay out.

Calgary Main

Lawyer Profile

Business Commencement

Business Operations

Long Term Plans

Selling Your Business

Corporate Buy-Out

Succession Planning

Tax Planning

 

BUSINESS SUCCESSION PLANNING LAWYER

Business succession planning is really about preparing your business for its future sale or transfer, enabling the business owner to exit with the highest return from your investment while having confidence in the business' continued operational success (thereby increasing the certainty of your pay-out, if so structured).

What is amazing about succession planning is how little time and preparation is often dedicated by the current ownership to its pursuit.  Instead, far too many owners simply believe that the value is there and they will be able to take it when they decide to retire or pursue an alternate venture.  That is rarely, if ever, the case.  Effective business succession planning requires considerable preparation that should begin many years in advance of the actual departure.  It transforms an operational business into a transitional business, which is tweaked and modified to obtain the most value from its disposition.

By waiting until the last minute to transition out of your business (which is a horrible plan given all the time and effort you've expended to make the operational business a success), you will in most cases be taking a massive cut in your realizable financial return.  It is astonishing how much upside business owners throw away because they fail to adequate plan long in advance.  Planning that is undertaken with the right team of experienced professionals (lawyers, accountants, investment advisors, business consultants), whose knowledgeable advice is implemented, pays serious financial dividends.

Providing corporate-commercial legal advice and strategic direction to business enterprises, is the central focus of business lawyer Christopher R. Neufeld's legal practice. To advance your business' initiatives, contact business lawyer Christopher R. Neufeld at Chris@NeufeldLegal.com or 403-400-4092.

 

Calgary business lawyer Christopher Neufeld is a corporate commercial lawyer with the law firm of Neufeld Legal Professional Corporation (77 Tuscany Ridge Mews NW, Calgary, Alberta) and is admitted to practice law in Alberta and Ontario (Canada) and New York (U.S.A.).  Christopher's legal practice focuses primarily on business law, in particular corporate commercial transactions (mergers, acquisitions, divestitures, business purchases and sales, etc.) and business contract work. See also www.CalgaryWill.ca.

This website is provided for general information purposes only. It is not intended to be comprehensive or to include advice on which you may rely. You should always consult a suitably qualified lawyer on any specific legal matter. All liability is excluded in respect of any loss or damage which may arise in connection with the use of or reliance upon any materials and information appearing on this website. 2015.

 Main   Succession Planning Resources   Disclaimer   Privacy Policy   Contact Lawyer