Succession and Continuity Planning for Family Businesses

Our team excels in creating family business succession strategies to ensure your company’s continuity. We help you prepare for a smooth transfer of operations with comprehensive plans for next-generation leadership development and long-term stability. Our ultimate aim is to secure your lasting legacy.

Build your legacy confidently, schedule a Discovery Call with our team!

Our team of professionals helps family businesses navigate sensitive issues like succession planning, tax strategies, governance, and conflict resolution. We don’t just provide financial services—we build strong relationships with our clients, to truly understand the intricate needs of both the business and the family behind it.

Harness Our Expertise to Help You Thrive

Trevor McCandless

CEO, CPA, MTax

Susan Borkowski

CPA PLLC

Thor Conklin

BBA

Katherine Harrington

CPA, MAFM

Danielle Palmer

BBA

Are you dealing with these challenges in your Family Business?

Evaluating Potential Successors

Choosing the ideal successor requires a number of considerations, like deciding between internal and external hires, their skills and competencies, and leadership potential.

Defining Roles and Responsibilities

Clarifying your successor’s future role and documenting their expected contributions to your business is important to help set realistic expectations and avoid conflicts.

Establishing a Timeline

The sooner you start succession planning, the better. You’ll need to allow enough time for mentorship, gradual assumption of responsibilities, and adjustments as needed.

Preparing the Business

Several tax and accounting aspects must be considered in leadership transitions, especially when it comes to compliance and governance. We’ll help you ensure that structures and key processes are well-documented.

Aligning Family and Business Goals

Effective succession planning requires aligning your family’s vision with your business’s strategic objectives. We can help you achieve this.

Preserve your legacy with tailored solutions for family business challenges!

Our Approach

Visioning Session: Engage key family members and leaders to define goals, legacy aspirations, and pain points.
Alignment Assessment: Evaluate alignment between family values, individual goals, and business objectives.
Outcome: Clarify the family’s values, vision, and succession needs.

Family Enterprise Analysis: Conduct SWOT and organizational assessments for unique family business insights.
Vision & Values: Define core values, mission, and a 5–10 year vision across generations.
Outcome: Establish a clear understanding of current state, aspirations, and challenges.

Readiness Assessment: Evaluate next-gen leadership potential and alignment with long-term vision.
Custom Development Plans: Design tailored mentorship and training for skill-building and governance.
Engagement Proposal: Customized plan for succession planning and leadership development.
Outcome: Create a clear roadmap for next-gen leadership development.

Governance Frameworks: Set up family councils, advisory boards, and defined roles.
Actionable Roadmap: Outline milestones, scorecards, and structured communication strategies.
Outcome: Build a governance framework ensuring continuity and accountability.

Regular Check-Ins: Host routine meetings to review progress and address evolving needs.
Guided L10 Meetings™: Drive alignment and ensure consistent progress.
Outcome: Foster growth, strong leadership, and lasting family harmony.

Why work with Our Team

We provide insightful solutions for family-driven success. Our advisors help you with leadership readiness, to build a resilient business that honors your family’s legacy and values, while ensuring that your company remains operational during and after the transition.