Business Succession

At Wish Solutions, our professional advisors works with you to build a comprehensive plan focused on your specific needs. Our experienced professionals have both the knowledge and objectivity to navigate the important issues related to a business transfer or sale. We offers a wide range of specialized services and we can assist you in developing and implementing an effective plan.

Problem arises when:

Upon the disability or death of the shareholder/partner, ownership of the shares/interest is passed to inexperience/unqualified heirs There is difficulty in selling the deceased's share at fair market value especially when it is a specialized field or when the surviving shareholders/partners are delaying to make reasonable offers for the shares/interest

Lack of cash to pay the deceased partner's debts & other financial obligations

The management is disrupted by inexperience/unqualified heirs who may wish to manage & become active or they may sell ownership to an outsider or even competitors

Creditors may no longer extend credit facilities to supply services/goods and begins to insist on immediate payment due to instability of the company/business they deal with

Profits maybe low and there is uncertainty about the future success of the business, especially when inexperienced/unqualified heirs take over