Family business succession and business transition advisory for owners who want to protect what they built — and make sure the next chapter is as strong as this one.
Without a succession plan, your business faces unnecessary risk at the moment it matters most. Michelet Financial builds succession strategies that protect your legacy and your family.
Transferring a family business to the next generation requires careful planning around ownership structure, management transition, and tax-efficient gifting strategies. We design succession plans that work for the whole family.
You can’t plan a succession without knowing what the business is worth. We provide an independent business valuation that informs your gifting strategy, buy-sell agreements, and eventual transfer price.
A properly structured buy-sell agreement protects all parties when ownership changes — whether through retirement, death, disability, or voluntary departure. We design and advise on buy-sell structures that hold up.
Who runs the business after you? We help owners identify, develop, and transition to key management successors — whether internal or external — to preserve business continuity and value.
Family limited partnerships, grantor retained annuity trusts, installment sales, and gifting strategies — we use every available tool to minimize estate and gift taxes on your business transfer.
Succession is the beginning of your next chapter. We integrate your business exit with your personal retirement plan — income needs, investment of proceeds, and long-term wealth management.
Every business succession is different. The right path depends on your family situation, business health, and financial goals. Michelet Financial advises on all three.
Transfer ownership to a family member using gifting strategies, valuation discounts, and tax-efficient structures. Best when a qualified family successor is ready and willing to lead the business.
Key employees or management team purchase the business — often using seller financing or SBA loans. Preserves business culture while rewarding the team that built it with you.
Sell to a strategic buyer, private equity firm, or individual acquirer at market value. Generates the highest immediate return and provides a clean break for the departing owner.
Michelet Financial provides family business succession and business transition advisory nationwide, with a focus on the five largest business markets in the United States.
Business succession planning for Houston’s family-owned businesses — energy services, construction, healthcare, distribution, and professional services.
Family business succession and management buyout advisory for New York businesses — professional services, B2B, and closely held corporations.
Business transition planning for Los Angeles family businesses in entertainment services, real estate services, consumer products, and distribution.
Miami family business succession advisory — hospitality, logistics, import/export, real estate services, and multi-generational family businesses.
Chicago business succession planning — manufacturing, professional services, distribution, and mid-market family-owned companies.
Free consultation. We’ll map out your options and the timeline that protects your business and your family.
Call (225) 396-5511