How To Master New Business Succession Planning With Stuart Sorkin

Every business owner will eventually exit their company—but will it be on your terms? Business succession planning is the key to maximizing value and ensuring a smooth transition. In this post, I break down expert strategies from Stuart Sorkin on tax-efficient exits, leadership handoffs, and avoiding costly mistakes.

About This Episode:

How To Master New Business Succession Planning With Stuart Sorkin

In this episode, I sit down with Stuart Sorkin, a seasoned attorney, CPA, and business strategist, to break down the critical steps of business succession planning.

From understanding the six exit paths to maximizing your company’s value, we explore how to avoid costly mistakes and structure your transition for financial success. Stuart shares expert insights on tax strategies, retaining key employees, and the role of ESOPs in a seamless business handoff.

We also dive into the impact of poor succession planning, the importance of financial foresight, and why partners must align on a shared vision. With decades of experience in M&A, tax law, and estate planning, Stuart provides actionable advice that can protect your legacy and ensure a smooth transition—whether you’re selling to family, management, or an external buyer. Plus, we discuss the looming generational wealth transfer and why the next decade is pivotal for business owners.

If you’re serious about securing your business’s future, don’t miss this conversation!

Connect with Stuart Sorkin:
If you’re a business owner thinking about succession planning, now is the time to start. Stuart Sorkin has decades of experience helping entrepreneurs navigate the complexities of business transitions, tax strategies, and legacy planning. Visit his website to access valuable resources, schedule a complimentary consultation, and ensure your exit strategy maximizes your business’s value.

Books Mentioned:

• The Tipping Point by Malcolm Gladwell
• Catalytic Leadership: 12 Keys To Becoming An Intentional Leader Who Makes A Difference by Dr. William Attaway

Finish 2024 Strong: Take Action Now for Impactful Results

Why wait until December to tackle your business challenges? With a few months left in 2024, now is the perfect time to strategize for a powerful finish. Book a complimentary Catalytic Leadership Strategy Call and together, we’ll craft a tailored plan that will drive impactful results before the year ends. Don’t miss this opportunity to align your goals, refine your strategies, and set your business up for success. Let’s make the remainder of 2024 count—schedule your call today!

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About Dr. William Attaway:

Meet Dr. William Attaway, your seasoned Executive Mindset and Leadership Coach, bringing nearly three decades of transformative experience. Driven by a passion for empowering high-performance entrepreneurs and agency owners, William specializes in guiding individuals to conquer challenges and unlock their fullest potential. Through the Catalytic Leadership podcast, he shares invaluable insights on achieving Clear-Minded Focus, Calm Control, & Confidence, equipping you to thrive both in business and in life.

Explore Further:

• Get Inspired: Grab your FREE copy of Dr. William Attaway’s latest book, “Catalytic Leadership: 12 Keys To Becoming An Intentional Leader Who Makes A Difference.“
  
  
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