Family Transitions

What is the plan for the future? Multiple children or relatives in the business and you don’t know how to move forward? Concerned about tax issues, and how to “slowly retire”?

We can help you

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For a store owner and their family, some decisions never come easy.

Organize a path forward and start enjoying retailing.

Joseph Welsh Consulting has a lifetime of ‘family business’ experience. We can help you structure a winning plan for the future, satisfy everyone’s concerns, minimize tax, and give you peace of mind.

For a store owner and their family, some of these decisions never come easy. Which child will be the best to lead and which one will be better at operations? How can we structure this and move forward now? Do the “kids” have an incentive to hang around and run the business in the next generation? All of these questions are better off answered now, rather than later. There is nothing more important than family and nothing more rewarding than a family that can work together, provide good livings for their families, and do battle as Independent Retail Grocers!

Buy-Sell Agreements, REIT Real Estate Trusts, Transition mortgages, installment sales and other methods may be available to you. Of course, each situation is different, and Joseph Welsh Consulting can lead the way forward. Life Insurance, Annuities, ESOPS, Zero-strip bonds, and many new financial products are now on the market-especially for family business transitions.

Our discussions are always confidential, per our Non-Disclosure Agreement, which we sign along with you. Call Joseph Welsh Consulting to visit with you and your family, organize a path forward, implement the plan, and start enjoying life and retailing!

Call us today. Let’s discuss your family, the dynamics and the best way forward to preserve the family and the business. We will then set a date for Joseph Welsh Consulting to visit. Once the agreements to protect you have been signed and a deposit collected, your date is then firm and the work can begin.

Preserve the Family and the Business.

Contact us today