Growing a business requires careful planning. Each business and its principals are different, but there is one thing they have in common—the growing business needs a solid foundation. The legal building blocks of that foundation have to be in place and maintained for the business to be successful. This may include a wide range of agreements and policies defining the relationships among the businesses internal and external stakeholders and ongoing regulatory compliance. At Strassburger McKenna Gutnick & Gefsky, we work closely with our clients to define their growth objectives and the business and legal requirements that must be met to achieve those objectives, help them implement their plans, and work through the inevitable changes to plans and documents required to meet changing circumstances.
The principals of privately owned businesses exit from their businesses in many ways and for very different reasons. At Strassburger McKenna Gutnick & Gefsky, our Business Services Group works with our clients on a continuing basis to anticipate and manage changes in their businesses over time, help protect and position them to both build value in their business, and efficiently transfer that value to the next owner—whether the business is designed for rapid growth and sale, to fund retirement, or to be transferred to the next generation.
Where unforeseen health or business problems make it necessary for our clients to quickly change their priorities, we help them quickly redefine their strategy and, where necessary, implement their new plan.
To discuss your business’ growth or exit planning requirements, contact Michael D. Fox.