66 South Maple Avenue
Ridgewood, NJ 07450
The Manna Helmy Law Group

Call 201-345-3018

The Manna Helmy Law Group

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Let Our Attorneys Provide The Legal Help Your Family Deserves

Experienced Business Succession Planning Lawyers

When a business owner retires, they want assurance that the company they built will thrive in the capable hands of their choice. At The Manna Helmy Law Group, we are committed to ensuring that your business succession is smooth and successful. With over 135 years of combined experience, our Ridgewood succession planning attorneys are well-equipped to guide you through this critical process.

Our team brings a multidisciplinary approach to succession planning. We consider all factors and implications of each decision, such as income and capital gains taxes. Our personalized estate planning services have fostered long-standing relationships with many clients. As your needs evolve, we will be there to provide timely advice and services.

Understanding Business Succession Planning

Business succession planning is essential for ensuring continuity if an owner or critical partner retires, passes away or can no longer serve due to injury or illness. A well-drafted plan includes:

  • Executive summary: A snapshot of your business.
  • Marketing plan: Strategies for the new leadership.
  • Market analysis: Current market and business valuation.
  • Financial plan: Projections and financial statements.
  • Mission statement: Preserve your business ideals.
  • Operations plan: Day-to-day operations guide.
  • Competitive analysis: SWOT analysis and market positioning.
  • Sales strategies

These components help retain key knowledge within the business, minimize disruptions during the change in ownership, preserve business value and mitigate risks.

How Our Attorneys Can Assist

Your business is unique and deserves a tailored succession plan. Working with an experienced estate planning lawyer ensures your intentions are clear and honored when the time comes. Our Ridgewood succession planning attorneys focus on creating a plan that reflects your goals and secures your legacy.

Discuss Your Business Succession Goals

For business succession planning that aligns with your vision, reach out to us. Call The Manna Helmy Law Group to schedule a free initial consultation today. You can reach our Ridgewood office at 201-345-3018.