Rick Kozlowski

Rick Kozlowski

(802) 864-5756



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Getting Started -- Defining Your Goals

If you are the owner of a business, large or small, one thing is certain -- you will eventually transition your business, one way or another.  How that transition will occur is within your control -- but only if you properly plan in advance.

Planning for a successful business transition involves the consideration of many factors:  timing, family, third party sales, ESOPs, key employee acquisitions, income taxation, financing, insurance, estate taxation, retirement needs and more.  The key is to avoid a “forced transition,” one that is imposed upon you or your family by an untimely death or disability, downturn in the economy or some other unforeseen circumstance.  A forced transition can result in a loss of value, liquidation, or (in some cases) abandonment of a business that could otherwise continue to thrive and provide for you and your family.

Getting started with a plan is often the toughest part of the planning process.  To assist you, we have devoted this entire website to questions regarding the ultimate transition of your business. 

Step one? Define your goals. For most business owners, this means determining the role that the business plays in their retirement, envisioning how the company will be managed post-retirement, and developing a plan that maximizes value. Once you have defined your goals, you can assemble a team that will help you create a transition plan.

Get started by visiting (clicking) any of the topics on the right, or you can contact Rick directly by accessing his information on the left.