Queens Business Ownership & Succession Attorneys
For guidance while planning for your business’s future, partner with Gill & Kadochnikov P.C.. We excel at helping owners and operators of family or closely held companies develop ownership, transfer, and succession strategies. From advice on choosing your business entity to assistance in creating a buy-sell agreement, you can put your confidence in our Queens business ownership and succession attorneys.
You may be at the beginning of your business ownership journey or have worked hard for years to make your company a success. In either case, let us be a resource for you. Request a complimentary consultation to discuss what we can offer.
Get in touch with us online or call (929) 405-1054. From Queens, NY, we serve clients throughout the Northeast.
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I had the distinct pleasure of working with Attorney Preet Gill for the past several months on a probate case.- Miguel B.
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Attorney Preet Gill is super efficient, knowledgeable and cares about her clients. I have been referred to her and have been working with her for years. She listens and helps however she can. Great Attorney!- Mia S.
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She is amazing! Told me everything I needed to know in our first meeting. Always available via phone call. No surprises, no hidden fees everything was perfect.
- Former Client -
I recently had the pleasure of working with Preet Gill on my immigration matters, and I must say that the experience was outstanding.- Fredy C.
What Does a Business Succession Plan Include?
First and foremost, your succession plan will identify the person or people who will lead the company in your absence. Your future leader(s) should know what their new role requires and exhibit the skills and know-how to steer the business toward success. To ensure they are prepared, your succession plan might also include provisions for leadership training and development.
Other possible elements to include in your business succession are as follows:
- Clear timelines for leadership transition
- Details about maintaining operations during the leadership transition
- A strategy for communicating the succession to employees, customers, suppliers, and others
- A current professional valuation of the business and its assets
- Documentation of product knowledge, processes, and other information essential for the business’s success
