Business Transition Planning

Transitioning to new management or ownership can be a complex and challenging endeavor. The business advisors at EKS&H can help make the process as smooth as possible by guiding clients through their inevitable business transitions, whether they occur this year or are anticipated in five or more years.

EKS&H’s comprehensive approach ensures that companies can effectively manage every step of the succession process, including the following areas:

Establishing transition goals – Our business advisors evaluate a company’s financial situation, buyer type, legacy concerns, risk tolerance, key employees and timing to help clients establish relevant and achievable succession goals.

Developing a transition plan – By analyzing buyer choice, business value and management development and incentives, the advisors at EKS&H can construct a transition plan that will help companies solve succession-related challenges and achieve their goals. Our advisors also consider a business’ tax strategy, estate plan and contingency plan when developing a customized transition plan.

Implementing the transition plan – EKS&H can assist companies with implementing their transition plan by creating an event timeline, recommending ownership assignments, conducting periodic check-ins, implementing appropriate initiatives and managing projects as needed.

Benefits clients gain from our business transition planning and succession planning services include:

transition guide to follow with next steps
clarification of buyer options
timeline of transition events and decisions to be made
reduced risk and higher potential to meet retirement goals
effective tax and estate structure
assessment of management and development plan
understanding of business value drivers
mitigated protection against unforeseen events
peace of mind

For more information about EKS&H’s business transition planning and succession planning services, please call (303) 740-9400 in Denver or (970) 282-5400 in Fort Collins.