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…
Read MoreAll 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…
Read MoreIn 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…
Read MoreTogether we will work through the seven phases of Borakove Osman’s business succession process to get you and your company through the transition of ownership. We will also coordinate our efforts with your internal ownership group, controller, CPA and financial advisors to ensure that all legal, tax and financial aspects are both reviewed and acted…
Read MoreAt 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…
Read MoreWhether 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…
Read MoreRunning 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…
Read MoreFarms 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…
Read MoreAt Borakove Osman LLC in Madison, Wisconsin, we recognize that planning for the future involves understanding the distinct roles of estate planning and succession planning. While both involve strategies essential in ensuring continuity and securing your legacy, they are designed to meet different needs. Estate planning primarily concerns individual and family arrangements to protect assets…
Read MoreMistakes in estate planning can be disastrous for small business owners and their families. At Borakove Osman LLC, our attorneys have the insight and determination to see that our clients avoid the pitfalls. We have extensive experience assisting clients throughout Wisconsin with both personal estate planning and planning for business success. Aware that both types…
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