Business Succession Planning
WEST MICHIGAN BUSINESS SUCCESSION PLANNING ATTORNEYS
Only about 30% of family businesses transition successfully to a second generation. Of those that fail to do so, there are a number of reasons why, including communication and trust issues, and a lack of preparation on the part of the individuals taking over the business.
If you are a business owner, you’ve probably put your heart and soul into building your business, perhaps with the intention that it could sustain your family and employees long after you’re gone. Reeder Plachta Murphy can help increase the chances of a successful transition.
In order for a business to successfully transition to new ownership, whether within or outside of the family, there are several steps that must be taken. With decades of experience in business law and estate planning, Reeder Plachta Murphy will help you through every step of the business succession process.
Dedicated Grand Rapids Business Succession Attorneys
Reeder Plachta Murphy is a full-service law firm, able to address all of your business and personal legal matters so that you can concentrate on the needs of your business. We look forward to partnering with you to plan for the success of your business for years to come.