Business Succession Lawyers Serving Pennsylvania And Florida
Succession planning is crucial to ensuring that your business continues to function well. When creating a succession plan, you must act diligently and think carefully about each decision you make.
Not knowing what to do or where to start can feel overwhelming. At Lenington, Gratton, & Associates LLP, our business succession lawyers offer sound legal advice that puts your mind at ease. We develop comprehensive, forward-thinking business succession strategies for clients in Pennsylvania and Florida.
To set up a consultation, please call us in Canonsburg, Pennsylvania, at 724-271-8300 or in Fort Walton Beach, Florida, at 850-374-8549. You can also send us an email inquiry. Our attorneys are licensed to practice in Pennsylvania, Ohio, Virginia, West Virginia, Texas, New Mexico, Alabama and Florida.
We Are Here To Simplify The Process
As a business owner, you know that implementing the right succession plan is easier said than done. There are many things to consider when placing your company under new leadership. For example, you’re probably thinking about:
- The person you want to take over: Do they align with the values you founded your company on? Do they have a similar business mindset as you? Do they have the right experience to run your business effectively?
- What you want to do about trade secrets: How much does your workforce know? How much should the person that’s going to replace you know? Should you include a non-compete to protect your trade secrets in your succession plan?
- What will your new role in the company be: Are you still going to play an active role in the business even though you’re not running it? Are you going to leave the business entirely?
- Where you want your business to be in the future: Are you hoping a new leader will bring new ideas? Do you want to ensure your operations stay the same?
Questions like these may be spinning around in your head, which can be overwhelming. However, we can help you simplify things when you work with us. When you meet with us, we learn everything there is to know about your business, as well as the needs, goals and concerns you have surrounding it. Then, with all those factors in mind, we can break down every step of the succession process and tailor it to match your needs and goals. Then, we can walk you through the succession planning process to ensure we complete every transaction and fulfill every request.
Legal Help For When Succession Planning And Estate Planning Intertwine
If you have or are in the process of setting up an estate plan, accounting for certain aspects of your succession plan in your estate plan is crucial, as business assets and personal assets can intertwine, depending on your situation. We can offer thorough and focused experience in helping you with both.