Successful Second Generation Succession!

Years ago, working with a father and daughter, vNacelle developed a transition plan to allow the daughter to buyout her father and take over the family business.  How did we do it?

  • Maintained a solid focus ...
  • Knew how and when the transaction would take place ...
  • Understood the tax strategies ...
  • Kept the business properly capitalized ...
  • Transferred the relationships and knowledge ...

 

Now six years later, the daughter is successfully running the business, married with two kids, the father is enjoying retirement…golfing daily…and the family is happily together.