Owning a business is a lifelong role and a deeply personal commitment for entrepreneurs and owner-families. Ownership, succession, and estate planning are the foundations for building sustainability and family legacies.
Ownership transfer from one generation to another is not only about inheritance, wealth and tax planning. It involves passing on family ethos, culture, and customs. Therefore, choosing successors from within or outside the family and relinquishing control requires forethought.
At Equations, we help you carve out ownership strategies, structures, and succession plans befitting your family’s long-term objectives, generational changes, and business needs.
We develop protocols to mitigate the possibility of conflict among beneficiaries during and after the lifetime of senior generation. Our mentoring helps successors play responsible roles of controlling owners and leaders.