The 7-Step Business Succession Planning You Need

Small and large businesses alike would do well to use business succession planning to keep their operations strong during management and ownership changes. With that in mind, company leaders should seek pertinent guidance from experienced counsel to identify and address any legal concerns that arise during the process. Although business succession planning is highly individualized…

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Business Succession Planning: How to Ensure a Smooth Transition to the Next Generation

All family businesses, from bustling urban enterprises to the heartland’s farms, face the inevitable question of succession. At Borakove Osman LLC, we understand that this transition is not just about the business changing hands; it’s about preserving a legacy, sustaining a family’s livelihood, and honoring the hard work of generations. Our Wisconsin-based estate and business…

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The Importance of Business Succession Planning for Family Businesses

In Wisconsin, where farms and other family businesses are the lifeblood of the local economy and culture, business succession planning is indispensable as the process through which both business longevity and family heritage are protected. At Borakove Osman LLC, we specialize in converting the complex maze of business succession into a clear path forward, addressing…

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7-Step Business Succession Planning

At Borakove Osman LLC, we help individuals, families, and business owners across Wisconsin protect their legacies with thoughtful estate and business planning. When it comes to transitioning your business, you need a clear, strategic plan to ensure its long-term success.  That’s why we’ve developed our 7-Step Business Succession Planning Process, a proven approach to helping…

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Business Succession Planning

At Borakove Osman, we understand the critical importance of business succession planning for the longevity and stability of your enterprise. This strategic process is not just about ensuring a smooth transition; it’s about safeguarding your life’s work and preparing your business for future success. Whether you’re at the helm of a family-run company or a…

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Why Every Small Business Owner Needs a Succession Plan

Wisconsinites are entrepreneurial. Small businesses in Wisconsin account for 99.4 percent of the state’s businesses. These business owners know that running a small business takes dedication, hard work, and vision toward the future. Whether it’s a family business or something you’ve built from the ground up, planning for the future is vitally important. Having a…

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How to Create a Succession Plan for Your Business

Whether you own a small startup or a long-established company, creating a solid business succession plan is critical to ensure your business’s continuity and protect your legacy. A well-thought-out succession plan prepares your business for a leadership transition, safeguarding its long-term success. This blog explains how you can craft an effective succession plan specifically designed…

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7 Estate Planning Tips for Small Business Owners

As a small business owner in Wisconsin, you’ve worked hard to build and grow your company, and it’s essential to ensure that your legacy and financial future are secure. Estate planning is an often-overlooked aspect of business management, but it is crucial for safeguarding your personal and professional assets. Proper planning can help protect your…

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How to Balance Running Your Business and Its Legal Needs

Running a business is a demanding task. Business owners wear many hats, from managing day-to-day operations to planning for future growth. Among these responsibilities is ensuring your business stays compliant with legal requirements, which is critical to long-term success. However, balancing the operational side of your company with its legal needs can seem overwhelming. This…

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How Your Farm is Valued in Farm Succession Planning

Farms aren’t just pieces of land; they’re livelihoods, legacies, and the bedrock of communities. In the state of Wisconsin, farming is more than an industry; it’s a way of life. When it comes to ensuring the seamless transition of a cherished farm from one generation to the next, proper valuation is a top priority. At…

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