WORKING TO EFFECTIVELY PASS ON YOUR LEGACY
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There are many reasons to sell your Tennessee business. No matter what the reason, you want to see all your work continue to succeed, even if you are no longer the one in charge.
Part of the process of selling your business will be planning for the transition from you to the next owner. The transition process is critical in making sure your company and the person who buys it continue to thrive.
Strategic guidance from a skilled lawyer can help you understand what to bring to the negotiating table when you talk to future buyers and how to formulate a plan that makes sense for the future.
MANAGING RISK FOR A SMOOTH TRANSITION
In any business deal, there will be a significant amount of risk. Selling a business is no exception. Being able to determine the potential risks during a transition is a critical step to mitigating those risks.
An attorney experienced in business transition services will be able to help you see possible risks you may face during the sale or merger of your business, including:
- Potential consulting agreements
- Impact of the transfer on the current personnel
- Handling current inventory
By anticipating the risks you face, we can help you manage them in a way that keeps your business moving forward and sets your buyer up for success.
SUPPORT THROUGH THE TRANSITION PROCESS
We know that sometimes the hardest part of the plan is putting it into motion. 4Sight Legal Services, PLLC, can even help you execute your transition plan so that you have the support you need when it comes time for your business to change hands.
WE HAVE ANSWERS TO YOUR BUSINESS TRANSITION QUESTIONS
BUSINESS LAW & ESTATE PLANNING SERVICES – START HERE:
4SIGHT BUSINESS SERVICES™
Risk management, goal alignment and general legal counsel for small and mid-sized businesses SMBs
4Sight Legacy Planning™
Estate planning, asset protection, maintenance & settlement services for individuals and families
4Sight Transition Services™
Readiness assessment, plan design & plan execution for transitioning ownership of small & mid-sized businesses
4Sight Wealth Reception Services™
Education, training and support for individuals inheriting wealth or taking over a business
SPEAK WITH A DEDICATED, EXPERIENCED BUSINESS LAW & ESTATE PLANNING ATTORNEY ABOUT YOUR CONCERNS
Headquartered in Chattanooga, our estate planning firm represents clients throughout Tennessee. Learn more about our Business Law and Estate Planning services by scheduling a consultation today. Please call 423-305-1704 or complete our online contact form.