You’ve worked hard to build your business, don’t leave its future up to chance. Whether you’re planning to retire, pass the business to a family member, sell to a partner, or transition to new ownership, succession planning is essential.
At LSWG, we help business owners create customized succession strategies that protect your interests, minimize tax impact, and keep your business strong for the next generation.
Why Succession Planning Matters
Without a clear plan, business transitions can lead to confusion, legal disputes, or even the closure of a once-thriving company. Family relationships can be strained, customers may lose confidence, and you could face unnecessary tax burdens.
With a well-crafted succession plan, you can make sure your business continues to succeed, even when you step away. LSWG helps you preserve the value of your company, ensure a smooth leadership transition, and protect the financial well being of your family, partners, and employees.
Our Succession Planning Services
We tailor every plan to your unique business goals. Our team of CPAs and advisors can help with:
- Exit Strategy Design – Sell, gift, or transfer ownership on your terms
- Business Valuation – Understand what your business is worth
- Tax Planning – Minimize estate, gift, and capital gains taxes
- Buy-Sell Agreements – Ensure fair, legally binding terms for all parties
- Family Business Transition – Navigate sensitive family dynamics with confidence
- Retirement Planning – Align your business exit with your financial future
- Contingency Planning – Prepare for the unexpected (illness, death, or disability)
When Should You Start?
Succession planning isn’t just for owners nearing retirement. In fact, the earlier you start, the more options you’ll have and the more time you’ll have to prepare the next generation of leadership.
If you’re over 50, looking to exit your business in the next 5 to 10 years, or just unsure what would happen to your business if something unexpected occurred, now is the right time to start planning.
Why Work With LSWG?
With over 50 years of experience serving Maryland business owners, we offer more than just tax advice, we’re your long-term financial and strategic partners.
What sets us apart:
- Decades of succession planning experience
- Local insight with personalized attention
- Collaborative approach with your legal and financial team
- Offices in Frederick and Rockville for easy access
Let’s Start the Conversation
Whether you’re ready to create a full succession plan or just want to explore your options, LSWG is here to help.
Plan today. Protect tomorrow. Let’s build your future together.