Legal considerations when transferring your business to a successor. | Ryan C. Young | Business Legal Planning | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Legal considerations when transferring your business to a successor. | Ryan C. Young | Business Legal Planning | Richmond, Virginia Attorney
Business succession planning is a critical, but often overlooked, factor in companies having long-term viability. If you are the primary owner and officer of a business, having a successor is even more vital. According to a recent article in Entrepreneur Magazine, over 25 percent of family-owned businesses lack written succession plans. Even those owners facing their senior years, have yet... Read More

Planning a legal exit strategy for your business. | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Planning a legal exit strategy for your business. | Ryan C. Young | Richmond, Virginia Attorney
You Need a Business Legal Exit Strategy When you have partners or co-owners in your business, you should create an exit strategy to extricate yourself from the company in a legal, workable manner. If you never envisioned leaving this business after you founded it, take heart. You’re not alone. Few entrepreneurs consider ever leaving a business they create. However, many... Read More