Transitioning a family-owned business from one generation to the next can be daunting. Which is why many business owners put off addressing the questions, challenges, and decisions inherent to the process. But when you stop to appreciate the painstaking process you went through to build your business, you have a deeper appreciation of the significance of this vital step – both for your business and your family. We’d like to help.
Hungerford Nichols has been focused on both family owned and closely-held businesses since 1941. Like you, we’re locally owned and managed, and know about business in West Michigan from our own experience. A number of our long-term clients are multi-generational businesses, and we’ve helped guide many through the succession process. Often the first step is to address a few basic questions, including:
On behalf of your business, we’ll coordinate our services with other trusted advisors, including your bankers, attorneys and insurance professionals. We make it our business to know your business, and we’ll be there advising you through every important step of the journey.
We can assist with the following services: