Business Succession Planning Attorney For Oklahoma City

Anyone who starts his or her own business takes tremendous pride in this accomplishment. While we eventually will have to retire from this enterprise, many of us would like to see the small family business, sole proprietorship, partnership, closely held corporation or LLC continue running even after we no longer are contributing to the day-to-day operations. However, it's extremely important to not put off business succession planning until it's too late. Otherwise the businesses that you worked so hard to create may fail to provide benefits for those you care for the most.

Starting The Difficult Conversation

Most business owners do not like talking about what happens after they leave the business. Leaving a business means in some instances not making the same level of contribution to the community that we have made in the past.

It also means making a number of difficult choices as to whether to close down the business or turn the business over to someone else. Most importantly, it means figuring out the most prudent ownership and management decisions so that you can continue financially supporting yourself and your family.

As the principal of Crain & Associates, PLLC, I can speak to you about your many options. We can talk through these matters so that you understand both your options as well as the ramifications of certain decisions. You can decide what works best for your particular circumstances. In business it is important to plan for both success and for what to do when things don't work out. Together we can craft an ultimate exit strategy for your business and create a business plan that best meets your goals.

Early is always better when it comes to planning, even if that means revisiting or reworking the plan at some later date.

I know that attention to detail regarding ownership and control of the company is of utmost importance. I work to accomplish such planning correctly. If a transfer of the business takes place, I can help ensure the business is placed in competent hands with the people you trust.

Get Experienced Succession Guidance Today

I personally work with every client to understand the operations and goals of your business. For an initial consultation with me, attorney Jeff Crain, email me at Crain & Associates, PLLC, or call me directly at 405-486-9794.