When you’re busy juggling projects, it’s hard to picture one day walking away from your business. But sooner or later, all businesses transition — whether through acquisition, inheritance, retirement or the death of the owner.
At HORNE, we take a proactive role in helping you prepare for the eventual transition of your company. We work closely to help shape a vision of your future and develop a strategy that will help you, your family and your business enjoy a successful transition when the time comes for stepping out. With planning today, you can ensure a brighter future for everyone involved.
Selling Your Business
If selling your business is your end goal, it’s never too early to start planning. With our Capital Strategies division, we can help you maximize the return from your years of hard work. From positioning your business for sale, to identifying potential buyers, to accessing funding and finalizing the transaction, you’ll find the expertise you need to complete the sale of your business at HORNE.
Building a lasting family legacy is the dream of many entrepreneurs. However, a succession plan can pose unexpected obstacles, both financial and emotional. This is particularly true when there are multiple heirs involved or your company has key personnel who are integral to its operation. With a solid business exit strategy — we help you secure your own future, while plotting a successful course for the future of yourself, your heirs and your employees.
It’s not uncommon for business owners to have the majority of their personal wealth tied up in their business — and that is particularly true of the construction business. Once a business and its assets are sold, the owner is suddenly faced with an array of tax ramifications, as well as the need for financial guidance.
Most people associate estate planning with their senior years; they view it as something they can take care of down the road. But estate planning should be a top priority for all business owners. An unexpected illness or accident could leave your business in total disarray and create unnecessary legal and financial uncertainties for your family. We can work with you to quickly remedy this situation by making sure any needed wills, living wills, trusts and other documents are in place.