Succession Planning

Your business is your life. You’ve done everything you can to make it successful. But have you done the planning necessary to help your business succeed without you? Have you identified a family member or associate as your successor? Have you made plans to merge or sell? Have you created a structure to provide the necessary income for yourself or your family once any transition is completed? 

At DGC, we view succession planning from a forward-looking perspective. We provide you with broad knowledge, shoulder-to-shoulder collaboration, and a deep expertise. We partner closely with you to get to know your succession goals and objectives and develop creative ideas and comprehensive strategies to meet them.

Services include:

Business

  • Evaluation of Internal vs external transition strategies
  • Strategic planning
  • Assistance with identifying debt and equity solutions for transition liquidity issues
  • Financial forecasting and modeling of transition scenarios
  • Employee Stock Ownership Plans (ESOP)
  • Transaction planning regarding tax structure and maximizing net after tax outcomes.
  • Deferred compensation strategies
  • Valuation advisory
Family/Individual
  • Individual and family tax planning
  • Estate and Gift tax strategies and planning

Perspectives

New PPP Loan Forgiveness FAQs Released by Small Business Administration
New PPP Loan Forgiveness FAQs Released by Small Business Administration 08/05/2020

DGC has a proven process that utilizes our sophisticated model and incorporates our data analytics experience and accounting expertise to maximize PPP Loan forgiveness. Read more

An Alternative to PPP Loans – Why the Main Street Lending Program Deserves Further Consideration
An Alternative to PPP Loans – Why the Main Street Lending Program Deserves Further Consideration 07/24/2020

The Main Street Lending Program was established by the Federal Reserve to support lending to small and medium-sized businesses that were in sound financial condition before the COVID-19 pandemic. Read more

Article by David Sullivan Published in BreakingGround Magazine: Three Things to Ensure Business Success Post COVID-19
Article by David Sullivan Published in BreakingGround Magazine: Three Things to Ensure Business Success Post COVID-19 07/08/2020

BreakingGround is a source of market information for all professionals in the construction and real estate business in Pittsburgh and Western Pennsylvania. Read more

Webinar Slides & Recording: PPP Loan Forgiveness Update – Critical Changes for Borrowers
Webinar Slides & Recording: PPP Loan Forgiveness Update – Critical Changes for Borrowers 06/22/2020

We discussed the Paycheck Protection Program and the Paycheck Protection Flexibility Act to outline key elements essential to maximizing loan forgiveness. Read more