Saunders & Cash

Every entrepreneur at some point in their business career realizes, it’s time to hang it up, and pass the business on to others. Business succession planning is a series of logistical and financial decisions about who will take over your business upon retirement, death or disability. We asked two experts from AGH, Todd Richardson, the VP of Corporate Finance and Eric Thummel, VP of Tax Services to help identify the key areas of concern for entrepreneurs when considering succession planning.  Join us in the podcast for this engaging discussion about succession planning, tax concerns and how to get your business ready for a transition that maximizes returns and business value, while managing the tax implications so you don't overpay your obligations to Uncle Sam.  To write a succession plan, the first step is to identify the ideal successor to take over the business, then determine the best selling arrangement. Key questions you have to address and we discuss in this podcast are: Are you ready financially, ment