Business: Transition Planning and Exit Strategies

Every business faces issues related to transitioning from current owners to future owners, whether through generational change or otherwise. Fox, O'Neill & Shannon, S.C. is committed to providing a fair and responsible exit strategy for a business's current owners.

As part of its broad range of business services, FOS has extensive experience assisting businesses and their owners in appropriate succession planning. The firm's goal is the same as the client's; to make sure that businesses are transitioned and transferred smoothly, successfully and profitably.

The firm assists owners in preparing buy-sell and stock redemption agreements, with special effort to assure favorable tax implications to both parties, and in structuring all organizational issues that arise in transition transactions. These include providing strategies for dealing with suppliers, customers, employees and lenders, to provide a favorable transition. The firm also works with its clients to obtain and structure financing for a transaction where necessary.