Oklahoma City Business Succession Planning Attorneys
Securing the Longevity of Your Business for Years to Come
When you have built your business from the ground up into the success it is today, you want to ensure it will be properly taken care of in the future. Planning for the transfer of your business must be built into the business management process, and an integrated approach to dealing with retirement and estate planning is essential for business owners. Taxation, growth, value and access to capital are all aspects of succession planning that must be considered, and can be confusing for those who don’t know the language.
At Simmons & Associates, PLLC, our Oklahoma City business lawyers are fluent in all of these matters and more, and can help you develop a succession plan that is right for your business in every way. Whether you are retiring or simply want to sell or transfer your business to your family, we can assess ways to help you fulfill your goal.
Questions to Ask When Transferring Your Business
Your company did not get where it is today by failing to plan; we know that you and your staff have likely invested years of time and money into providing necessary goods and services to your community. We can discuss your succession plan and help you efficiently execute your ideas to ensure a seamless transition to the next generation of leaders.
As we go through your succession plan, we will need to answer several questions, such as:
- Who will handle the business if you experienced a medical emergency or had to be away from the business for an extended length of time?
- Who will gain control over your company when you step down?
- What will the changeover look like?
- How long will you remain to assist with the transition?
- How much control will you maintain after the transition is final?
- How can you minimize disputes between potential beneficiaries?
There is no reason to jeopardize all of your hard work by not establishing a plan of succession for your business as it continues to grow. There are many different things you will need to address regarding how the company will be handled in your absence, and our team has 75+ years of combined experience to help you do so.
Dedicated to the Continued Success of Your Business
At Simmons & Associates, PLLC, our highly motivated team of Oklahoma City business attorneys work to represent you and your business in a professional, respectful fashion. We are committed to taking the time to understand your business and its unique needs.
Advanced Technology to Improve Client Experience
Wherever possible, we incorporate technology to help improve workflows and communication. This helps us maintain efficiency and our stellar quality.
Clients Come First, Customer Service Oriented Approach
Every client is a person with a unique story and situation. We tailor our strategies to align with your goals while also safeguarding your best interests.
We Take a Team Approach to Every Case
We're in this together. We want to hear your thoughts prior to taking a course of action. You also have the full support of our team.
Over 65 Years of Combined Experience on Your Side
Our team has the versatile, in-depth experience to help see your case through from start to finish. We're here to guide you through every step.